8365 Menkar Rd
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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 |
|---|---|---|---|
| Apr 16, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by Keller Williams Carmel Valley | $639,000 | |
| Listed by Keller Williams Carmel Valley | |||
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Single Story 4 bed home on charming street in northern Mira Mesa. Upon entry, you’re welcomed by a cozy family room with bamboo flooring. Modern open kitchen features stainless steel appliances and plenty of dining space. Other amenities include dual pane windows, upgraded bathrooms, LED canned lighting, and more! Enjoy outdoor entertaining with expanded hardscape and artificial turf surrounded by mature fruit trees. Close to schools, parks, shopping, and easy access to freeways.. Neighborhoods: Mira Mesa North Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| May 12, 2016 | Sold | ||
| Sold | |||
| Mar 31, 2016 | Listed by Keller Williams Realty | $559,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017