641 Paseo Sereno Drive
About This Property
The bedrooms are well-appointed and can be utilized as guest rooms, home offices, or playrooms.
The backyard features a covered patio and a spacious landscaped yard for outdoor activities.
Conveniently located near schools, shopping centers, and entertainment options, this property is a must-see. Don't miss the opportunity to make 641 Paseo Sereno your forever home.
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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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Price Decreased |
$260,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
| Jun 13, 2024 | Listed by The Right Move Real Estate Gro | $270,000 | |
| Listed by The Right Move Real Estate Gro | |||
| May 12, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017