8616 La Butte Ln.
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 |
|---|---|---|---|
| Jun 10, 2016 | Sold | ||
| Sold | |||
| May 2, 2016 | Listed by Canvas Real Estate & Investmen | $409,900 | |
| Listed by Canvas Real Estate & Investmen | |||
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FHA & VA eligible! Move in ready 1 story home w/panoramic views! Private custom pool w/ mountain views! This yard is ideal for entertaining friends & family! New custom kitchen cabinets, new granite counters, stainless steel appliances,new interior & exterior paint, new flooring,remodeled bathrooms, new carpet, & much more! Detached office/workroom! Located in West end of Santee! Large garage–plenty of room for storage! Walk to restaurants & stores! Hard to find a pool home at this price range!!!! Neighborhoods: Santee Equipment: Range/Oven, Shed(s) Other Fees: 0 Sewer: Sewer Connected Topography: GSL,SSLP
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| Dec 7, 2015 | Sold | ||
| Sold | |||
| Oct 27, 2015 | Listed by Pacific Coast Executive Realty | $325,000 | |
| Listed by Pacific Coast Executive Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017