555 Obar Drive
About This Property
Perfect home for first time buyers or investor .
This 2 bed/1 bath house offers a nice comfortable living with its own patio and extra large back yard with lots of fruit trees .
the large yard offers opportunity to expand the house in the future or build an additional unit (check with city first)
there is an un permitted conversion in the garage perfect for your teens or extra income .
the house is strategically located near transportations , schools, freeways ..and it is located in a Cul-De -Sac street that offers an additional layer of privacy .
This won't last !
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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 |
|---|---|---|---|
| Apr 29, 2019 | Sold | ||
| Sold | |||
| Feb 13, 2019 | Listed by Excellence RE Real Estate | $400,000 | |
| Listed by Excellence RE Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017