80941 Song Bird Avenue
About This Property
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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 |
|---|---|---|---|
| Aug 3, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by OZA Realty | $2,000,000 | |
| Listed by OZA Realty | |||
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This Enormous Montage home on a more than 1/2 acre lot is the Biggest model and has both an attached AND detached casita with billiard room and formal Dining and huge outdoor bar area. This can easily be a 7 bedroom home and the dividing block wall in back actually has a gate that provides the option of connecting the 2 properties. The past and future short term rental income on the books for this home and next door more than justifies the price. The Montage HOA allows its owners to short term rent as long as the guests, owners and vacation rental companies follow the strict noise and parking rules.Call or email agent to schedule an appointment.Mike [email protected] 750 3800
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| Nov 26, 2013 | Sold | ||
| Sold | |||
| Jan 14, 2013 | Listed by RE/MAX Consultants | $699,000 | |
| Listed by RE/MAX Consultants | |||
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About Indio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017