8525 Matterhorn Drive
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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 |
|---|---|---|---|
| Sep 11, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| May 19, 2024 | Listed by Allison James Estates & Homes | $785,000 | |
| Listed by Allison James Estates & Homes | |||
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We are excited to present this stunning single-story home located in the highly desirable Mission View Estates in the City of Santee surrounded by Mission Trails Regional Park. Walking distance to Big Rock Park, Mission Trails and Chet F Harriet School. This charming residence features 3 bedrooms and 2 bathrooms, perfect for comfortable family living. The master bedroom includes a private bath, providing a tranquil retreat. The spacious living room, complete with a cozy fireplace, seamlessly flows into the dining area, creating an inviting space for gatherings. The kitchen has beautiful granite countertops and a custom backsplash, adding a touch of elegance to your culinary experience. The additional bathroom has also been upgraded and features both a bathtub and a shower. Step outside to the rear yard and enjoy breathtaking views of the surrounding mountains and the city. The elevated patio is ideal for hosting and entertaining guests. Both the front and rear yards have been landscaped with low-maintenance artificial grass, ensuring year-round greenery with minimal effort. This home also offers the convenience of a 2-car garage with direct access to the house, enhancing your everyday living experience. Don't miss the opportunity to make this exceptional home yours.
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| Feb 14, 2014 | Sold | ||
| Sold | |||
| Nov 6, 2013 | Listed by Gas Station Exchange Corp | $419,000 | |
| Listed by Gas Station Exchange Corp | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017