6311 Severin Dr
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 |
|---|---|---|---|
| Apr 26, 2019 | Sold | ||
| Sold | |||
| Feb 21, 2019 | Listed by The Davidson Group Realty | $515,000 | |
| Listed by The Davidson Group Realty | |||
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Move-in ready Single Family Home on a large lot. Sizeable living area & family rooms (separated). The generously sized master bedroom has 2 large closets & plenty of extra living space. Potential 3rd bedroom or great office. Private backyard features fruit trees & vegetable garden. Walking distance to Foothills Christian HS, Fletcher Hills Elementary, Northmont Elementary and just a short drive to Grossmont College & Mission Trails Regional Park. A great community to call home. Very clean and spacious. Tax records show 1,122 sq. ft.. Neighborhoods: La Mesa Equipment: Dryer, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Apr 8, 2016 | Sold | ||
| Sold | |||
| Feb 2, 2016 | Listed by Coldwell Banker Res. Brokerage | $430,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017