6940 Tahoe Way
About This Property
having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an
attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity. Property is NOT located in a
FEMA Special Flood Hazard Area, but is listed as a moderate to low flood risk. Please google search FloodSmart for
additional information regarding flood zones and insurance. Please see MLS supplements for important information on overbidding, repairs, and new HUD policies regarding back-up offers.
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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 |
|---|---|---|---|
| Jul 30, 2014 | Sold | ||
| Sold | |||
| May 12, 2014 | Listed by Keller Williams Realty- YL/ AH | $372,000 | |
| Listed by Keller Williams Realty- YL/ AH | |||
Property Highlights
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About Fontana
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017