9324 Carmichael Dr
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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 |
|---|---|---|---|
| Sep 21, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Price Decreased |
$1,100,000
↓ $100K
(8.3%) | |
| Price Decreased | |||
| May 20, 2021 | Listed by Cal State Realty Services | $1,200,000 | |
| Listed by Cal State Realty Services | |||
| | |||
|
Price Reduction! This beautiful home is located in the desirable Mount Helix community of La Mesa. Notable features include a large family room, remodeled kitchen and bathrooms, refinished oak floors throughout, double-sided fireplace shared with the master bedroom, large bay window, quartz counter tops, dual pane windows, an en-suite master bedroom, and exposed beam ceilings. A rock waterfall and gas feature accent a backyard that is perfect for entertaining. Buyer to satisfy self regarding all aspects of renovation. Public record information provided by third party. Agent has not verified public records, including but not limited to permits, lot size, number of rooms or square footage. Buyer to assume investigation of public records. The manager has listed the unit size as 2114 square feet.
| |||
| May 2, 2018 | Sold | ||
| Sold | |||
| Mar 18, 2018 | Listed by Big Block Realty, Inc. | $725,000 | |
| Listed by Big Block Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017