61
Map
7412 Olive Drive
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 10, 2026 | Listed by Brian Hicks Real Estate Group | $459,999 | |
| Listed by Brian Hicks Real Estate Group | |||
| Jan 18, 2024 | No longer available | - | |
| No longer available | |||
| Nov 7, 2023 | Listed by Brian Hicks Real Estate Group | $445,000 | |
| Listed by Brian Hicks Real Estate Group | |||
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Explore the charm of this beautiful 3-bedroom (PLUS OFFICE), 2-bathroom home situated in the highly desirable North-West Bakersfield neighborhood. With modern updates throughout, the property includes a 15' x 30' workshop w/ a roll-up door & electrical/water connections, solar panels, RV parking, and convenient rear vehicle access. Inside, the open living area with a gas fireplace and decorative beams sets the tone for a welcoming atmosphere. The kitchen features black cabinetry, a spacious breakfast bar, and a dining area, with removed overhead cabinetry for an open feel. Each bedroom is generously sized, and the master bedroom boasts a large walk-in closet and raised ceiling. Step outside to discover a XL backyard with a workshop, RV parking, two distinct patio sections, & much more! The manager has listed the unit size as 1873 square feet.
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| Nov 3, 2022 | No longer available | - | |
| No longer available | |||
| Oct 8, 2022 | Price Decreased |
$359,900
↓ $15K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017