718 Ronica Way
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 |
|---|---|---|---|
| Apr 1, 2020 | Sold | ||
| Sold | |||
| Feb 11, 2020 | Listed by Compass | $729,900 | |
| Listed by Compass | |||
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This Farm House style home is located close to town. It comes with adjacent lot with secluded seasonal pond. Truly unique horse property on over 2.5 acres of usable land! The property is very serene and peaceful with all of the surrounding trees and mature landscaping. Beautiful kitchen features granite countertops w/seating, all new stainless appliances and classic cabinetry. The distinctive backyard was professionally created by Roger Boddaert with pavilion, fountain, see supp..... above ground garden beds, succulents and family fruit trees. This is a horse lovers dream home with 4 horse mare motel w/12x24 pipe stalls, 50 foot round pen, pasture area and 8X10 Tuff Shed for tack and hay storage. Newly painted exterior, new carpet, new window coverings and custom bathroom mirrors are some of the recent improvements. Front of this property is enclosed w/3 rail white, vinyl and chain link gated, back of the property is enclosed with chain link with tons of available space for RV, trailers and toys.. Neighborhoods: Fallbrook Equipment: Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: LL
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| Sep 25, 2017 | Sold | ||
| Sold | |||
| Aug 20, 2017 | Listed | $600,000 | |
| Listed | |||
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The manager has listed the unit size as 1806 square feet.
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| Aug 4, 2017 | Listed by Realty One Group San Diego | $600,000 | |
| Listed by Realty One Group San Diego | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017