8818 Tumbleweed 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 |
|---|---|---|---|
| Nov 20, 2017 | Sold | ||
| Sold | |||
| Aug 30, 2017 | Listed | $290,000 | |
| Listed | |||
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Beautiful RANCH style home sitting on OVER 2 ACRES of LEVEL LAND perfect for HORSES or any livestock. Large entry way leads right into the FORMAL LIVING ROOM AND FORMAL DINING ROOM. A Bright and Sunny kitchen with RICH BLACK GRANITE COUNTER TOPS and NO shortage of CABINETS OR COOKING SPACE. The cozy family room has a VIEW of the entire back yard from the sliding glass door and comes with a BEAUTIFUL and practical WOOD BURNING STOVE for cooler winter nights. INDOOR LAUNDRY room with additional storage cabinets, a PEDESTAL SINK and another lavatory. All bedrooms are LARGE with MIRRORED WARDROBE closet doors. Master Bedroom is OVERSIZED just like the Master Closet! Master Bathroom has DUAL SINKS and a PRIVATE lavatory. The REAR COVERED PATIO is perfect for enjoying the SPECTACULAR VIEW of the Desert Landscape and Surrounding Mountains. Mature trees offer lots of shade. 3 CAR GARAGE, TILE ROOF, COMPLETELY FENCED with RV ACCESS and room for ALL the toys and tractors! This is RURAL living at its BEST! The manager has listed the unit size as 2032 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017