848 Balboa Avenue
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 12, 2021 | Listed by Christie's International Real Estate Sereno | $1,650,000 | |
| Listed by Christie's International Real Estate Sereno | |||
| Jun 21, 2020 | In contract | - | |
| In contract | |||
| Jun 19, 2020 | Listed | $1,225,000 | |
| Listed | |||
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Welcome to the Capitola home that you have been dreaming of! This thoughtfully remodeled and well maintained home features a spacious living room with high ceilings and a fabulous kitchen to please the most discriminating cooks. The kitchen with an abundance of cabinet, quartz counter tops and stainless appliances opens on to a large, magical backyard , a gardeners delight. The sundrenched garden hosts beautiful flowers, fruit trees , olallieberries and more growing around a beautiful stone patio. There are 4 comfortable bedrooms, 3 full updated baths, a separate family room and an attached garage. Enjoy a welcoming atmosphere for entertaining family and friends or just relaxing at the end of your day in a very special forever home. All of this in a most desirable , quiet neighborhood, Cliffwood Heights. Enjoy walks to the village, world class beaches, convenient shopping, dining and easy freeway access. A delightful home where cherished memories will be made! The manager has listed the unit size as 1868 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017