701 ESPADA Drive #C
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 |
|---|---|---|---|
| Jan 7, 2019 | Sold | ||
| Sold | |||
| Oct 22, 2018 | Listed by Dream Work Realty | $154,990 | |
| Listed by Dream Work Realty | |||
| | |||
|
Adorable townhouse located in the foothills of the Coronado Country Club. Cozy two story space offers low-maintenance front yard, vaulted ceilings, incredibly spacious downstairs master bedroom, downstairs half bathroom, and peaceful backyard with lots of privacy and a comfortable patio perfect for enjoying evening company. This home is extremely well maintained, yet offers enough room to customize to your liking.
| |||
| Nov 20, 2012 | Sold | ||
| Sold | |||
| Oct 18, 2012 | Listed by ERA Sellers & Buyers Real Esta | $155,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/22/2018
|
3 Bed
|
1 Bath
|
-
|
$154,990
3 Bed
1 Bath
|
$153,000
-1.28%
01/07/2019
|
Argelia Bearden
Dream Work Realty
| |
|
12/29/2012
|
2 Bed
|
2 Bath
|
1336 ft²
|
$149,500
2 Bed
2 Bath
1336 ft²
|
$143,000
-4.35%
02/25/2013
|
Ramona Russell
Sandy Messer And Associates
| |
|
10/18/2012
|
3 Bed
|
1 Bath
|
-
|
$155,000
3 Bed
1 Bath
|
$152,000
-1.94%
11/20/2012
|
Debbi Hester
ERA Sellers & Buyers RE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017