5806 Kappa
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 6, 2021 | No longer available | - | |
| No longer available | |||
| May 5, 2021 | In contract | - | |
| In contract | |||
| Apr 29, 2021 | Listed | $750,000 | |
| Listed | |||
| | |||
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Beautifully maintained single story home located within the heart of La Mesa. This amazing property has been updated throughout featuring fresh interior and exterior paint, a new HVAC system in 2020, leased solar, updated bathrooms, Shiplap ceiling details, a cozy fireplace, updated lighting, and durable engineered hardwood plank flooring with new baseboards. An open floor plan with large windows and a skylight bask the home in an abundance of natural light. The manager has listed the unit size as 1742 square feet.
| |||
| Jan 27, 2016 | Sold | ||
| Sold | |||
| Oct 26, 2015 | Listed by Frank Atrash Realty | $489,000 | |
| Listed by Frank Atrash Realty | |||
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About La Mesa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017