8935 Nye 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 |
|---|---|---|---|
| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
| May 4, 2024 | In contract | - | |
| In contract | |||
| Apr 27, 2024 | Price Decreased |
$685,000
↓ $15K
(2.1%) | |
| Price Decreased | |||
| Mar 20, 2024 | Listed by eXp Realty of Greater Los Angeles, Inc | $700,000 | |
| Listed by eXp Realty of Greater Los Angeles, Inc | |||
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Situated in the serene neighborhood of Casitas Springs, 8953 Nye Rd offers a comfortable living experience with a touch of rustic charm. This home features 2 bedrooms and 1 bathroom, along with a cozy wood-burning fireplace, perfect for chilly evenings. Step outside onto the front porch and take in the picturesque view of the mountains while enjoying your morning coffee. The property sits on a generous 1/4-acre lot, providing plenty of outdoor space for relaxation or potential expansion. You'll also find a quaint chicken coop, ideal for those interested in raising their own flock and enjoying fresh eggs each day. Inside, the kitchen is freshly painted and equipped with stainless steel appliances, adding a modern touch to the space. Unwind in the backyard, where a simple spa awaits, and appreciate the updated restroom for modern convenience. With its ample lot size and rustic amenities, this property offers versatility for various possibilities. Schedule a viewing today and envision your life in Casitas Springs at 8953 Nye Rd, where mountain views, comfortable living, and a touch of country living await. The manager has listed the unit size as 712 square feet.
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| May 17, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017