9514 Tropico Drive
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 |
|---|---|---|---|
| Aug 20, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Price Decreased |
$1,149,000
↓ $46K
(3.9%) | |
| Price Decreased | |||
| Jun 18, 2025 | Listed by Berkshire Hathaway HomeServices California Properties | $1,195,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
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Substantial $47k Price Improvement (07/14)! Absolutely breathtaking Mt. Helix single-level oasis situated on a prime, well-manicured corner-lot. Every inch of this home is optimized for entertaining family and friends. Extensive 2025 upgrades include new interior/exterior paint, newly updated bathrooms, new lighting, newly installed turf and landscaping, as well as newer White Oak flooring, HVAC, solar and a completely refinished pool with an expanded spa. Chef's kitchen with high end appliances, dine-in island, coffee/appliance bar and walk-in pantry. Kitchen and primary suite lead you outside to a large California covered patio with plumbed gas BBQ and mounted TV, providing seamless indoor/outdoor living. Continue on the completely remodeled pool that can happily accommodate sizable family gatherings and events. Backyard enjoys total privacy, and is fully fenced for pets and children. Serene drought resistant landscaping throughout. Remarkable pride of ownership and attention to detail at every turn. This is completely turn-key resort style living at a price point that you never knew was possible. Don't miss it!
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| Aug 15, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017