79275 Avenue 38
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 |
|---|---|---|---|
| Jul 6, 2020 | Sold | ||
| Sold | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Apr 1, 2020 | Listed by HomeSmart | $699,900 | |
| Listed by HomeSmart | |||
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If you look at the area and location of this 9.5 acre home you will be able to see the real value it offers. Buy this 9.5 acre home and enjoy the fact that you own land in a growing N. Indio area! there is a private NATURAL well on the property so water is plentiful. The home is purged up high and the views are magnificent! Welcome to plenty of space and an extraordinary opportunity. Developers dream, superior lot size, natural well, growing area so get it in early. GREAT INVESTMENT OPPORTUNITY!
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| Jan 13, 2020 | Price Decreased |
$699,000
↓ $51K
(6.8%) | |
| Price Decreased | |||
| Sep 29, 2019 | Listed | $750,000 | |
| Listed | |||
| | |||
|
If you look at the area and location of this 9.5 acre home you will be able to see the real value it offers. Buy this 9.5 acre home and enjoy the fact that you own land in a growing N. Indio area! there is a private NATURAL well on the property so water is plentiful. The home is purged up high and the views are magnificent! Welcome to plenty of space and an extraordinary opportunity. Developers dream, superior lot size, natural well, growing area so get it in early. GREAT INVESTMENT OPPORTUNITY! The manager has listed the unit size as 2400 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017