7833 Backer Road
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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 |
|---|---|---|---|
| May 20, 2022 | No longer available | - | |
| No longer available | |||
| May 5, 2022 | In contract | - | |
| In contract | |||
| Apr 28, 2022 | Listed by eXp Realty of California Inc | $1,150,000 | |
| Listed by eXp Realty of California Inc | |||
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THIS IS IT!! This beautiful single level home has it ALL! Canyon views, best school district in town (walking distance to Jonas Salk!), located on a quiet street on the west side of Mira Mesa bordering Sorrento Valley. This home features a sunroom making the living space feel more like 1500 + sqft. No expense has been spared on this home, it is impeccable; brand new roof, tankless water heater, new HVAC & duct work, beautiful water proof flooring throughout + skylights that bring in natural light! The home also has a fully fenced front yard w/ a deck + dream assortment of fruit trees; mango, banana, guava & more. The Backyard also has fruit trees including peach, pomegranate, apple trees along with a brand new eco friendly turf and stunning canyon views. A true must see gem! Hurry, it wont last! The manager has listed the unit size as 1347 square feet.
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| Mar 5, 2019 | Sold | ||
| Sold | |||
| Jan 16, 2019 | Listed by Coldwell Banker West | $669,000 | |
| Listed by Coldwell Banker West | |||
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Totally remodeled just a few yrs ago this single level home is located on a quiet street at the edge of a desirable neighborhood. Kitch w/ granite counters,newer cabinetry w/ pull-out pantry shelves & newer SS appliances. Laminate flooring & custom paint thru out & skylights make it light & bright. Private, fenced front yard w/ deck & lots of fruit trees; mango, banana, guava & more. Backyard also has fruit trees including peach,pomegranate,apple & more. It opens onto open space, no neighbors behind EVER. Light and bright family room with new carpet. Gate from backyard leads to city-owned open space. Bathrooms have also been remodeled. Laundry room with washer and dryer included. Lots of shelving in garage which stays along with workbenches. Permit status of FR unknown. BTVABCOE. Neighborhoods: Mira Mesa Equipment: Dryer,Garage Door Opener, Washer Other Fees: 0 Sewer: Sewer Connected, Public Sewer Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017