6923 Luther Circle
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 13, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $569,000 | |
| Listed | |||
| | |||
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This lovely single story detached home is located on a cul-de-sac. This home has dual pane windows and sliders with blinds throughout. The well laid out kitchen has a breakfast bar, double door pantry and lots of storge. The master has a slider that takes you out to the beautiful yard. It has a large vanity with dual sinks and a walk-in closet. The secondary bedroom is large and has it's own patio - perfect for guests. Two sliders lead out to the tranquil backyard with views of the pool from the master bedroom and living room. The heater and A/C is just a year old as is the ducting system. Spend your winter by the fireplace and your summer by the pool. The manager has listed the unit size as 1267 square feet.
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| Apr 3, 2018 | Listed by Keller Williams Westlake Village | $569,000 | |
| Listed by Keller Williams Westlake Village | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017