54085 Avenida Herrera
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 2, 2020 | Sold | ||
| Sold | |||
| Jul 31, 2020 | Listed by Bennion Deville Homes | $419,000 | |
| Listed by Bennion Deville Homes | |||
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Crisp and Clean, Must be Seen! This Charming and Inviting 3BR/2BA Home High in the Cove, Exudes Pride of Ownership and is Meticulously Maintained. Features include a User-Friendly Floor Plan that is Everything Today's Buyer is Looking for... BRIGHT and AIRY, w/a Kitchen that Opens to the Living Room, Newer Stainless Appliances and a Paint Schematic that Pops. You'll also Appreciate the Well Landscaped Exterior that is Drought Tolerant w/a Private Pool for Dipping on those Hot Days and a Spacious Deck with to Enjoy Star Gazing from the Hot Tub. Truly a Triple Option of Opportunity; a Primary Residence, a Vacation Getaway -or- a Fantastic Rental Opportunity that could be Ready for Revenue, with NO Short Term Rental Restrictions! BONUS: No HOA's, Close to Hiking/Biking Trails & Minutes from Shopping, Dining, Golfing, the Polo Grounds and all that the Desert has to Offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017