8962 Tope 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 22, 2019 | Sold | ||
| Sold | |||
| Jan 14, 2019 | Listed by Century 21 Allstars | $469,900 | |
| Listed by Century 21 Allstars | |||
| Dec 20, 2018 | No longer available | - | |
| No longer available | |||
| Nov 19, 2018 | Listed | $469,900 | |
| Listed | |||
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**HONEY STOP THE CAR!** THIS BEAUTIFUL HOME IS A PERFECT SIZE FOR A FAMILY OR TWO. Located to all amenities of life! Close to shopping centers, parks, schools, restaurants, churches, and freeways. Home has an excellent floor plan! A big size living room with fireplace that leads to the spacious dinning room. Kitchen is open to dining room area and has plenty of cabinet storage space plus an additional pantry room/storage. Two spacious bedrooms located in front side of property and guest bathroom has separate shower and bathtub. Property has been SPLIT UP into two with third bedroom and second bathroom having its own outside entry but it can easily be turned back to it original floor plan. Home features laminated wood flooring through out living room and guest bedrooms, updated windows, outside laundry hook ups, electronic back gate door with PLENTY OF PARKING SPACE you can even fit an RV, DETACHED 2 car garage with a BONUS Bathroom, fruit trees, and plenty of back yard space to entertain family and friends. Don't miss out on this excellent opportunity! The manager has listed the unit size as 1337 square feet.
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About South Gate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017