7879 Selma Avenue
About This Property
New tile flooring and carpet throughout. NEW Dual pane windows have been installed. Remodeled Kitchen includes all new cabinets, appliances, granite countertops, sink and faucets. New Water Heater, garbage disposal, CENTRAL Air Conditioning unit and HEATER FURNACE, not to mention ceiling fans in key rooms. New Baseboard's, Doors, and More have been replaced in this home! Inside Laundry Room. Block walls surround the backyard and LOTS of parking with Possible R.V Parking Too! This is just SOME of the things done....you MUST see this home to appreciate the quality of the remodel. This home is exceptional and waiting for the appreciating, pride of ownership buyer.
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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 |
|---|---|---|---|
| Dec 18, 2013 | Sold | ||
| Sold | |||
| Nov 1, 2013 | Listed by Realty One Group, Inc. | $369,500 | |
| Listed by Realty One Group, Inc. | |||
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About Rancho Cucamonga
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017