7256 W Point Avenue
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 | |||
| Sep 22, 2020 | In contract | - | |
| In contract | |||
| Sep 10, 2020 | Listed | $875,000 | |
| Listed | |||
| | |||
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Don't miss this modernized redwood Mid-Century Modern gem in Academy Heights, La Mesa. Widely believed to have been designed by Lloyd Ruocco, this gated property offers the ultimate in privacy and is a true haven of peace, tranquility, and beauty. Sited by the architect to maximize views, natural light, and breezes, this sun-filled single level home is almost invisible from the street and possesses exceptional craftsmanship and style. Please see supplement for more details.... The manager has listed the unit size as 1650 square feet.
| |||
| May 10, 2013 | Sold | ||
| Sold | |||
| Apr 2, 2013 | Listed by Coldwell Banker Res. Brokerage | $470,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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About La Mesa
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$3,795 /mo
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$4,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017