8520 Gateside Road
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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 |
|---|---|---|---|
| Nov 19, 2012 | Sold | ||
| Sold | |||
| Oct 11, 2012 | Listed by Coldwell Banker Realty | $449,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
FHA&VA welcome!Regular sale,can close ASAP!Remodeled 1 story home w/pool & has plenty of character!Corner lot,approx.14k sq ft flat lot on a cul-de-sac!Desirable school district!New roof!New interior & exterior paint!New grass & landscaping!New dark kitchen cabinets,granite,new stainless steel microwave,range/oven, dishwasher. Chef style kitchen w/custom hood!Refinished stunning wood floors!New dual pane windows&sliding doors!New white picket fence!New carpet!New deck!See supplementfor more upgrades.... Outdoor inset grill on large patio & 2 indoor fireplaces!Perfect for entertaining!Plenty of room for 6 cars,rv,atv's & toys!Separate living room & family room areas!New sprinklers!Near downtown La Mesa w/restaurants & stores!New tiled kitchen floors.New exterior lights, new interior light fixtures,new closet doors,new door hardware,new tiled showers,new bathroom vanities,new toilets,new mirrors,new shower heads and faucets.WOW!APPRAISAL @ $450K-see attachement!ALL INFORMATION IS DEEMED TO BE RELIABLE, BUT IS NOT GUARANTEED. IT IS THE BUYER'S RESPONSIBILITY TO CONFIRM ALL INFORMATION AND SATISFY ANY CONCERNS PRIOR TO THE CLOSE OF ESCROW AND REMOVAL OF ALL CONTINGENCIES. PERMITS ARE UNKNOWN AND IT IS BUYER'S RESPONSIBILITY TO CONFIRM ALL INFORMATION ON PERMITS OR LACK THERE OF PRIOR TO REMOVAL OF CONTINGENCIES AND CLOSE OF ESCROW. THE SELLER HAS NEVER LIVED OR RESIDED IN THE PROPERTY AND THEREFORE HAS LIMITED TO NO KNOWLEDGE AS TO ITS PAST OR PRESENT CONDITION. Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL
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| Jul 31, 2012 | Sold | ||
| Sold | |||
| Jun 26, 2012 | Listed by Glasshouse Properties | $285,000 | |
| Listed by Glasshouse Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017