2
Map
97150 Avenue 72
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 |
|---|---|---|---|
| Oct 12, 2021 | No longer available | - | |
| No longer available | |||
| Apr 3, 2021 | Listed by Desert Pacific Properties | $303,100 | |
| Listed by Desert Pacific Properties | |||
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30.31 acres of Great location with 991 feet along the waterline of the Salton Sea. Investment Land on the shore of the Salton Sea. Gorgeous views of the Santa Rosa Mountains and Salton Sea. Approval of proposition 68 grants $200 million towards projects that will accelerate progress at the Salton Sea. Located int he Opportunity Zone, which provides Federal Tax Incentives.
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| Nov 3, 2020 | No longer available | - | |
| No longer available | |||
| May 8, 2020 | Relisted | $303,100 | |
| Relisted | |||
| May 3, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017