8531 Massery
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 19, 2023 | No longer available | - | |
| No longer available | |||
| Aug 3, 2023 | In contract | - | |
| In contract | |||
| Jul 26, 2023 | Listed by Whissel Realty | $750,000 | |
| Listed by Whissel Realty | |||
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The charming home in Santee is located in a great neighborhood and offers a comfortable living space with three bedrooms and two bathrooms. Situated in a quiet area, the house enjoys a slightly elevated position, providing beautiful views of the mountains and the neighborhood below. This property is ideal for first-time homebuyers or families looking for a new place to call home. The oversized yard offers a large covered patio and ample space for children and pets to play and explore. Inside the house, you'll find a bright and inviting atmosphere, with picturesque views of the mountains. The bedrooms are generously sized with a newly remodeled master bathroom. The location of the home is also private, but convenient, as it is close to top-rated Santee schools, easy access to freeways, shopping centers, and other amenities, while still maintaining a country atmosphere. This charming home in Santee's great neighborhood is a perfect place to call home. The manager has listed the unit size as 1292 square feet.
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| Dec 31, 2014 | Sold | ||
| Sold | |||
| Aug 21, 2014 | Listed by Premiere Properties | $382,000 | |
| Listed by Premiere Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017