938 Baxter
About This Property
Built in 2004, the floor plan is ideal, the master spacious, the kitchen open and beautiful, within the Tomlinson Park neighborhood, easily accessed by the 57 freeway and only a short drive away from the fun downtown Birch St shopping and restaurant area as well as the Brea Mall, and the outdoor enjoyment of tennis and basketball courts at Founder's Park, there's little else left to desire!
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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 |
|---|---|---|---|
| Jul 24, 2017 | Sold | ||
| Sold | |||
| May 10, 2017 | Listed by ReMax Tiffany Real Estate | $799,000 | |
| Listed by ReMax Tiffany Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017