53140 Avenida Martinez
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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.
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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 7, 2021 | No longer available | - | |
| No longer available | |||
| Aug 7, 2021 | In contract | - | |
| In contract | |||
| Jul 31, 2021 | Listed by Niurka Strong Realty | $469,777 | |
| Listed by Niurka Strong Realty | |||
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Absolutely a gem. Built in 2003 and just completely remodeled. This home offers 1,540 square feet with three bedrooms and two full baths. A large great room, beautiful kitchen and a dining area. Brand new landscaping in the front and back, brand new interior and exterior paint. Brand new tile floors throughout. The Great Room has vaulted ceilings and a fireplace that has been updated with new hearth tile, there is a slider leading to the large backyard to enjoy the view and sunsets. There are mountain views from the front and back of the home. The kitchen has been completely remodeled with new quartz counter tops, new sink, new dishwasher, new microwave, and new propane stove/oven. New LED recessed lighting was installed. The bathrooms offer brand new quartz counter tops, vanities, sinks and light fixtures. The master suite has a slider that opens up to the backyard, it has vaulted ceilings and a walk-in closet, the master bathroom is completely remodeled offering fiberglass tub/shower combination. There are two other bedrooms and a remodeled full bathroom with a fiberglass shower/tub combination. There is a laundry room with propane gas and electric dryer hook ups. The roof is concrete tile and the garage is a two car garage. A wonderful neighborhood on the Cove with trails, restaurants and Old Town close by. The home is furnished with brand new furniture never used but not included in the sale. The furniture can be purchased outside of escrow. The manager has listed the unit size as 1540 square feet.
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| Feb 4, 2021 | Sold | ||
| Sold | |||
| Dec 9, 2020 | Listed by La Quinta Palms Real Estate Co | $349,900 | |
| Listed by La Quinta Palms Real Estate Co | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017