5959 REDSTONE RIM Drive
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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%.
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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 |
|---|---|---|---|
| Jun 2, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | Listed by Mission Valley Realty | $229,900 | |
| Listed by Mission Valley Realty | |||
| Jul 17, 2020 | No longer available | - | |
| No longer available | |||
| Apr 17, 2020 | Listed | $149,900 | |
| Listed | |||
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Nice area near McCombs and hwy 54, gated area. 3 bedrooms 2 baths Tile in main areas and carpet in the bedrooms. Desert landscape in front and artificial grass in back. granite cabinet tops in the kitchen and breakfast bar dividing kitchen from living room. Built ins in the living room.Roof is in the process of being replaced. This is an estate sale. cute house. Carpets will be cleaned. The manager has listed the unit size as 1526 square feet.
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| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017