5238 Waring Road
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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 |
|---|---|---|---|
| Jul 28, 2023 | No longer available | - | |
| No longer available | |||
| Jul 7, 2023 | In contract | - | |
| In contract | |||
| Jun 8, 2023 | Listed by eXp Realty of California Inc. | $950,000 | |
| Listed by eXp Realty of California Inc. | |||
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MOVE IN READY, BRIGHT, SINGLE STORY 4 bed 2 bath home in Allied Gardens. OWNED SOLAR (17 panels), Mini Split AC, heat, dehumidifier, and fan in every room. Vaulted ceilings throughout the home, LED lighting, mid century/modern decor, and laminate flooring. New dishwasher, new garbage disposal, and slow closing drawers in the upgraded kitchen. Ample backyard with no neighbor to the rear (very private). Yard leads to Allied Gardens Rec Center which has a community park, children’s playground, outdoor basketball courts, picnic tables, gymnasium, softball fields, community pool, youth programs, community events (eg concert in the park, holiday events) and new off leash dog park coming this summer! Completed garage with epoxy flooring, home is wired for 1Gbps (FTTH) via ATT. Home is immaculate and was taken care of with love. Very near to Foster Elementary, Marvin Elementary, and Lewis Middle School. Magnolia Science Academy, Bright Horizon Academy, and St Therese Academy approx. 1 mile away. SDSU and Patrick Henry High School approx. 3 miles away. Close to grocery stores, shopping, and restaurants. NO HOA NO MELLOROOS The manager has listed the unit size as 1174 square feet.
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| Aug 25, 2017 | Sold | ||
| Sold | |||
| Jul 28, 2017 | Listed by Xavier Dean Realty | $585,000 | |
| Listed by Xavier Dean Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017