88055 57th Avenue
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 16, 2024 | Sold | ||
| Sold | |||
| Sep 14, 2023 | No longer available | - | |
| No longer available | |||
| Jun 20, 2023 | Price Decreased |
$1,149,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Apr 16, 2023 | Listed by Desert Sands Realty | $1,199,000 | |
| Listed by Desert Sands Realty | |||
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This beautiful Custom built home is located in Thermal, easy access to 86 Express Highway, near the Thermal Airport, Casinos and perfect to be an AIRBNB home. This home features 5 bedrooms + a den/Office, 4.25 bathrooms, spacious living room, kitchen and dining room. This property also offers a well, a detached outdoor covered patio, perimeter block walls on property, private access/Gate, 1.25 acres of land, plenty space to build an ADU/Casita, a pool & spa and more. The exterior offers beautiful trees, a carport with plenty of space to park approx. 8+ cars and pavers. Property is selling 'AS IS' conditions. Please schedule an appointment to view this beautiful home. The manager has listed the unit size as 3267 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017