5301 Prosperity Lane
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Barry Estates | $1,699,000 | |
| Listed by Barry Estates | |||
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4 MINUTES FROM SDSU! INCOME PROPERTY! TWO homes on large corner lot with separate addresses - MAIN HOME (5301): 5 bed/3 bath, new AC and ducts | ATTACHED ADU (5303 white building): 4 bed/2 bath, 1200sf, built in 2020. Separate entrances + separate yards + separate LAUNDRY + main room has possible bedroom that can be locked off with own entrance (ideal for roommates), a large deck installed in 2022, zero maintenance turf, attached 2 car garage + expanded driveway. Located on an amazing sunny corner lot with views from backyard. The home features easy to clean travertine flooring, hardwood floors, fireplace with a granite hearth, vaulted open-beamed ceilings, newer cabinets with soft-close drawers, granite counters and stainless appliances in the kitchen, and more! Walking distance to SDSU and centrally located, easy access to freeways, beaches, shopping, the airport, etc.
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| Dec 31, 2013 | Sold | ||
| Sold | |||
| Nov 2, 2013 | Listed by Berkshire Hathaway HomeService | $499,900 | |
| Listed by Berkshire Hathaway HomeService | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017