70 Portuguese Bend Road
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 24, 2020 | In contract | - | |
| In contract | |||
| Nov 12, 2020 | No longer available | - | |
| No longer available | |||
| Nov 10, 2020 | Listed | $1,795,000 | |
| Listed | |||
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Fantastic opportunity to live in the gated city of Rolling Hills. This home is on just over 2 USEABLE acres and has TONS of potential. The current owners started the project and it's waiting for someone with great vision to come in and finish it. Great neighborhood with miles of trails below. This home is in the Flying Triangle area of Rolling Hills and has had some land movement. The manager has listed the unit size as 3122 square feet.
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| Jul 2, 2020 | Relisted | $1,895,000 | |
| Relisted | |||
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About Rolling Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017