984 Mendocino Dr
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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Listed by Willis Allen Real Estate | $1,099,888 | |
| Listed by Willis Allen Real Estate | |||
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 28, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by eXp Realty of California, Inc. | $850,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Charming Home in Discovery Hills, San Marcos - Your Perfect Retreat! Welcome to this 3-bedroom, 2-bathroom home nestled in the desirable Discovery Hills neighborhood of San Marcos, CA. It is rare that this model becomes available and it will surely go fast! Key Features: Spacious Living Areas: Enjoy an open floor plan that seamlessly connects the living, dining, and kitchen areas, providing ample space for entertaining and relaxation. Spacious eat-in kitchen: The well-appointed kitchen features plenty of counter space, an island, and an eating area perfect for casual dining and meal prep. Serene Bedrooms: Unwind in three generously sized bedrooms, including a master suite with an en-suite bathroom, providing a private oasis to recharge. Outdoor Living: Step outside to your backyard oasis that backs up to beautiful open space. This private area is ready for you to make your own, perfect for morning coffees or evening gatherings. Prime Location: Located just minutes away from Cal State San Marcos and surrounded by nature trails, parks, and recreational opportunities, this home has the perfect blend of convenience and solitude. Don’t miss the opportunity to experience comfortable living in a prime location! Schedule your showing today and discover everything this wonderful home has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017