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753 Cottage Lane
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 | |||
| Mar 8, 2021 | In contract | - | |
| In contract | |||
| Feb 28, 2021 | Listed | $439,000 | |
| Listed | |||
| | |||
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Premiere home in Cottages at the River Oaks. This two-story turnkey home has three bedrooms and three bathrooms. The living space offers an open concept floor plan with a living room that opens to the backyard patio. Enjoy the high ceilings and the beautiful fireplace. HOA amenities include a clubhouse, pool/spa, and play area. It is conveniently located close to Kermit King Elementary School and Cuesta College North County Campus. Come and fall in love with this Paso Robles beauty. This home will not last long at this price! The manager has listed the unit size as 1339 square feet.
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| Sep 16, 2019 | Sold | ||
| Sold | |||
| Jul 17, 2019 | Listed by RE/MAX Parkside Real Estate | $420,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017