8924 Fletcher Valley #112
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 |
|---|---|---|---|
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Jan 1, 2022 | Listed | $409,000 | |
| Listed | |||
| | |||
|
Rarely available large upper corner unit in Fletcher Valley Villas which is located in one of the best pockets of Santee ... just off the 125, Grossmont College Drive and Fanita Drive. There is very little turn over in this shaded, cozy development, and this unit offers generous square footage, a huge primary bedroom and living room, private entry deck, garage plus 2nd space. Sellers are relocating out of state and have priced this unit to move!!! VA approved and ready to go! Equipment: Range/Oven Sewer: Sewer Connected Topography: LL
| |||
| Apr 2, 2019 | Sold | ||
| Sold | |||
| Jan 24, 2019 | Listed by Keller Williams Realty | $295,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/24/2019
|
2 Bed
|
1 Bath
|
1034 ft²
|
$295,000
2 Bed
1 Bath
1034 ft²
|
$298,000
+1.02%
04/02/2019
|
Charlene Thorman
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017