842 S 3rd Avenue
About This Property
Zone LC120000.Buyer & agent to investigate if property is zoned for horses.. Being close to nature & animals horses, cows, peacocks, chickens & roosters. Being up high on a hill lovely trees & fruit trees including lemon, oro blanco, sweet grapefruit , orange& avocado Large closets and extra storage cabinets throughout the house & guest house in both garages as well & shed, Amazing Sunsets. on 4th of July can safely view the local Firework shows from the balcony. Can walk to nearby shopping center & neighborhood park. Large back beautiful brick patio for entertaining your guests. guest house has a work bench workshop as well as laundry area in the garage.
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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 |
|---|---|---|---|
| Jun 8, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by Coldwell Banker Alliance | $889,000 | |
| Listed by Coldwell Banker Alliance | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017