724 ESPADA #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%.
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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 2, 2017 | Sold | ||
| Sold | |||
| Feb 15, 2017 | Listed by Coldwell Banker Legacy | $175,000 | |
| Listed by Coldwell Banker Legacy | |||
| | |||
|
Very nice patio home in Sierra del Sol, no HOA fees, home has a fenced back yard and huge terraced hill area down the arroyo, great views, 4 bedrooms, 2 1/2 baths, 2 car garage, well cared for, plantation shutters, wrought iron, appliances, fireplace, ready to move in.
| |||
| Nov 22, 2010 | Sold | ||
| Sold | |||
| Oct 15, 2010 | Listed by We Sell Homes | $169,000 | |
| Listed by We Sell Homes | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/21/2024
|
4 Bed
|
3 Bath
|
-
|
$249,950
4 Bed
3 Bath
|
$260,000
+4.02%
03/25/2024
|
Jack Bumgardner
ERA Sellers & Buyers RE
| |
|
02/15/2017
|
4 Bed
|
2 Bath
|
-
|
$175,000
4 Bed
2 Bath
|
$150,000
-14.29%
06/02/2017
|
John Adams
Keller Williams Realty
| |
|
10/15/2010
|
4 Bed
|
3 Bath
|
1989 ft²
|
$169,000
4 Bed
3 Bath
1989 ft²
|
$155,000
-8.28%
11/22/2010
|
Jean Turley
We Sell Homes
| |
|
05/06/2010
|
2 Bed
|
2 Bath
|
1648 ft²
|
$168,000
2 Bed
2 Bath
1648 ft²
|
$151,125
-10.04%
10/15/2010
|
Anita Diego
Sandy Messer And Associates
| |
|
08/01/2002
| |
3 Bed
|
3 Bath
|
2237 ft²
|
$129,900
3 Bed
3 Bath
2237 ft²
|
$110,000
-15.32%
09/13/2002
|
Bill Speights
Howard & Associates, REALTORS - Broker Jim Howard -Deceased 11-2022
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017