8602 Ian Way
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%.
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 23, 2019 | Sold | ||
| Sold | |||
| Aug 7, 2019 | Listed by Reef Point Realty, Inc | $499,990 | |
| Listed by Reef Point Realty, Inc | |||
| Dec 15, 2014 | Sold | ||
| Sold | |||
| Oct 2, 2014 | Listed by Renovated Homes Realty | $404,900 | |
| Listed by Renovated Homes Realty | |||
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Complete remodel with new expresso shaker cabinets & granite. Spacious floor plan with new stainless steel appliances & ceiling fans thoughout. Two custom tiled baths with walk-in shower & bathtub. New wood flooring. Covered back patio. Driveway to back yard, with gate for RV. Completely fenced backyard with sideyard dog run. Brand new roof. Trad Sale. Seller will pay $5000 towards buyers closing costs. Prospect & Ian Way are being redone, sewer lines, sidewalks, wiring by Dec 2014, per City of Santee. Neighborhoods: Airways Terr Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017