624 Peartree Drive
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 13, 2018 | No longer available | - | |
| No longer available | |||
| Oct 11, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | Listed | $378,888 | |
| Listed | |||
| | |||
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Incredible price reduction! Your going to love this home! Located in Watsonville's peaceful & serene adult village (1 occupant has to be a minimum of 55, all others a minimum of 45) on a quiet, 1 block long street & only 1 block to the clubhouse! This single level home is all you've been looking for- truly a great place to call home! Features include: beautiful laminate floors, living & dining room windows upgraded to dual pane; plenty of yard for gardening & entertaining, private, covered patio off dining room, forced air heat, attached garage, plenty of off street parking. This home is part of an HOA which features low HOA dues ($22 per month!) & a wonderful clubhouse with a pool, spa, exercise & billiards room- added bonus: boat & RV storage $10 per month! You have worked hard all your life, time to relax in this comfortable home & live the good life! Terrific location, 30 minutes + or - to Santa Cruz, Monterey, Salinas & Gilroy & a few blocks to shopping, dining & all amenities! The manager has listed the unit size as 1005 square feet.
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| Jul 5, 2018 | Listed by Bailey Properties | $378,888 | |
| Listed by Bailey Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017