8507 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 |
|---|---|---|---|
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Nov 12, 2018 | Listed by Century 21 Award | $589,900 | |
| Listed by Century 21 Award | |||
| Nov 19, 2015 | Sold | ||
| Sold | |||
| Sep 3, 2015 | Listed by Realty One Group Southwest | $488,800 | |
| Listed by Realty One Group Southwest | |||
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Single Story w/spacious private yard. Hardwood floors, large ceramic tile, newer carpet, fireplace, vinyl windows, newer Bosch dishwasher. Main living areas separated from the bedrooms to provide privacy. Spacious kitchen w/solid wood cabinets & plenty of counter space. French doors lead to large family room w/sliding doors to backyard. 2 car garage w/pull down ladder for attic storage. 2 private patios allow creativity in designing outdoor living space. Pool-sized yard w/several fruit trees. No HOA. Neighborhoods: Mira Mesa Equipment: Dryer,Garage Door Opener, Range/Oven, Shed(s), Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017