5988 Joel Lane
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 |
|---|---|---|---|
| May 2, 2016 | Sold | ||
| Sold | |||
| Mar 10, 2016 | Listed by Century 21 Award | $554,999 | |
| Listed by Century 21 Award | |||
| Sep 13, 2013 | Sold | ||
| Sold | |||
| Aug 5, 2013 | Listed by James L. Scott, Broker | $449,000 | |
| Listed by James L. Scott, Broker | |||
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Lovely single level 4 bedroom, 2 bath home full of character on a cul-de-sac in La Mesa. Great location close to Harry Griffen Park & the dog park. The current owners have done an amazing amount of work in transforming this house into a beautiful home. Not a flip. Details ranging from the hardwood floors being uncovered/refinished, to popcorn ceilings being removed, to re-stuccoing the entire house and putting on a brand new roof have all been taken care of for you. See supplement for the full details. Neighborhoods: La Mesa Architectural Style: Craftsman/Bungalow View: Craftsman/Bungalow Equipment: Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Apr 13, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017