8787 Happy Camp Road
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 |
|---|---|---|---|
| Apr 23, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | Listed by Foundation First Real Estate | $1,500,000 | |
| Listed by Foundation First Real Estate | |||
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SPECTACULAR VIEWS on approximately 12.5 acres! A rare find, this property has a 3 bedroom 2 bath home plus a completely separate building that has the potential to become an ADU for rental income. On a clear day, the views extend all the way to the Channel Islands. This beautiful site also has multiple large flat areas with views that could be an amazing site for a new build. Main house has a new roof, new plumbing including waste lines and drain lines, new retaining walls and newly built deck. Property offers privacy, a remote controlled gate, and lots of onsite parking.
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| Feb 16, 2021 | Sold | ||
| Sold | |||
| Nov 9, 2020 | Listed by Cornerstone Properties | $1,099,000 | |
| Listed by Cornerstone Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017