521 Claydelle Ave
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | Listed by Capital Realty Group | $1,295,000 | |
| Listed by Capital Realty Group | |||
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Welcome to 521 and 523 Claydelle, a single family home featuring two detached homes on a 10,500 sqft. lot in a great location. Both homes are 3 bedroom, 2 baths, each with its own driveway and private yards. This property boasts two separate driveways for easy access and privacy, making it perfect for multi-generational living or rental opportunities. Perimeter is fully fenced, with the flexibility to customize the fencing between the homes. Option to build an additional ADU on this lot and still have plenty of parking and space. Each home has it's own SDGE meter. 521 Claydelle, the front house, is a spacious 1,444 sqft home with a large upgraded kitchen, high ceilings, and abundant natural light. It has been freshly painted and has laundry room located in the hallway. This remodeled home includes an interior fire sprinkler system, updated water heater, roof and plumbing. 523 Claydelle, located at the back of the property, is a newly constructed, permitted home built in 2024. It offers 1,197 sqft of living space with 9ft ceilings, an open concept layout, and owned solar panels. This home also features a large backyard. Situated in a great location on a quiet street, both homes are move-in ready and will be delivered move-in ready. Live in one and rent the other, or utilize both for extended family living. This turn-key property is a great investment opportunity with potential for growth. Two gorgeous homes on a large lot in a prime location.
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| Nov 22, 2019 | Sold | ||
| Sold | |||
| Nov 4, 2019 | Listed by Finance Plus Real Estate | $399,000 | |
| Listed by Finance Plus Real Estate | |||
| Aug 9, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017