701 MESITA Drive
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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 12, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by ERA Sellers & Buyers Real Esta | $250,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
| Oct 27, 2006 | Sold | ||
| Sold | |||
| Sep 25, 2006 | Listed by Coldwell Banker Legacy | $175,000 | |
| Listed by Coldwell Banker Legacy | |||
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Cute charming Kern Place Home - Easy to UTEP - Drs offices medical and hospitals, new Mesita Elementary, three bdrms - one & 2 3/4 baths - tiled. Living room combo, formal dining room, bright kitchen - brkfst area - great master bedroom - total of 23 windows - through out. Drive way accomodates 4 automobiles-wrought iron- hardwood floors.
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About Mission Hills South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017