55 Encinal Way
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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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $979,000 | |
| Listed | |||
| | |||
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This stunning and historical Hobson Heights Spanish Hacienda nestled close to downtown was built in 1926. Such a unique & rare treasure; complete with privacy & stunning peak-a-boo views of the ocean, the grounds are beautifully landscaped with roses, olive & fruit trees. The 2 bed, 2 bath home boasts an updated kitchen with Carrera Marble counters and backsplash, original hardwood floors, Rohl Shaw's original farmhouse sink with brushed nickel fixtures & hardware and the sweetest eat-in breakfast nook you ever did see! Formal Dining room offers gorgeous coffered ceilings, hardwood oak tongue & groove wainscoting and rich hardwood floors. The warmth and old world charm continue in the light filled Formal Living Room with fireplace and floor to ceiling windows. Off the Living Room is the Library/Office featuring plantation shutters and views of the manicured rear yard. Gorgeous remodeled Master Bath features Carrera Marble counters and beautiful white subway tile backsplash along with gorgeous tiled shower and radiant heated decorative tile floors. Additional upgrades include whole house water filtration and softening system and Lutron light switches. The private rear yard affords great privacy with stucco walls and mature hedging. A must see! The manager has listed the unit size as 1579 square feet.
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| Jun 8, 2018 | Sold | ||
| Sold | |||
| Apr 17, 2018 | Listed by Keller Williams West Ventura County | $979,000 | |
| Listed by Keller Williams West Ventura County | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017