961 Florence St
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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by eXp Realty of California, Inc. | $759,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Located in Imperial Beach, this charming one-story home offers 3 bedrooms and 2 bathrooms, making it a perfect coastal sanctuary. Features include a one-car garage, tankless water heater, new washer and dryer, new HVAC system, and solar panels. Monthly solar bill is only $70 with monthly SDGE credit, the energy costs are nominal. Enjoy the gorgeous open floor plan with upgraded windows, a kitchen equipped with stainless steel appliances, newer cabinets, and designer finishes. The bathrooms and kitchen feature stylish tile flooring on a large lot. Lives like a single story home, title records state condo. CC&R's but no monthly HOA. Plus, you're just minutes away from the beautiful Imperial Beach! VA Approved!
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| Dec 14, 2016 | Sold | ||
| Sold | |||
| Aug 11, 2016 | Listed by Coldwell Banker Res. Brokerage | $439,990 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017