646 Alex Way
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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 |
|---|---|---|---|
| Jun 1, 2016 | Sold | ||
| Sold | |||
| Apr 27, 2016 | Listed by The Lund Team, Inc | $1,099,000 | |
| Listed by The Lund Team, Inc | |||
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LOOKING FOR A SINGLE STORY HOME? Come take a look at this brilliantly appointed Residence One in Brae Mar at Encinitas Ranch. Master and two other bedrooms are located on the entry level. Bedroom with bath on the second floor. Private and quiet corner lot. New shutters, exterior recently painted, newer appliances. Custom iron stair railing, acacia hardwood floors, custom entertainment center. An extraordinary and rare plan situated on an equally impressive lot. Located just two miles from the beach! Neighborhoods: Brae Mar Encinitas Ranch Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Jul 30, 2015 | Sold | ||
| Sold | |||
| May 28, 2015 | Listed by Coldwell Banker Res Brokerage | $1,065,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
| Mar 5, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017