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8615 Rocking Horse Circle
About This Property
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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 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 2, 2018 | Sold | ||
| Sold | |||
| May 30, 2018 | Listed | $449,900 | |
| Listed | |||
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One Story Ranch Style view home on half acre horse property with five bedrooms, two baths and large detached garage/shop. This home was originally build as a five bedroom with living room, family room with fireplace, tile throughout most of the home, an open floor plan kitchen, formal dining room and two car attached garage located on a cul d sac street very close to the Pedley Metrolink Station and the 60 fwy. The home is in good condition, forced air and heat is relatively new, roof looks good, and the attached garage has built in shelving, laundry hook ups and a laundry sink. The lot has parking for more than a dozen cars and more than 150 feet of RV parking. The front and back yards are nicely landscaped and have automatic sprinklers. The back yard has an approximately 700 sq ft barn type Quonset structure equipped with electricity that is currently being used as work shop. There is also a garden shed of about 100 sq ft.The manager has listed the unit size as 2028 square feet.
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| May 8, 2018 | Listed by RE/MAX HORIZON | $449,900 | |
| Listed by RE/MAX HORIZON | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017