1025 Santa Margarita Drive
About This Property
Upon entering the home, you'll immediately notice the how upgraded and updated this home really is. The entire home features beautiful wood laminate and tile flooring, creating a seamless flow throughout. The kitchen is a chef's dream, with granite countertops, a custom glass tile backsplash, stainless steel appliances, a farmhouse sink, see-through cabinetry and soft-close drawers and cabinets. One of the standout features of this home is the custom-built screened-in back porch, a perfect spot for morning coffee or evening relaxation while enjoying the well-landscaped and spacious backyard. The primary bedroom is generously sized and features a fully renovated en-suite bathroom with a charming clawfoot tub/shower combo. All secondary bedrooms are large and offer plenty of space. This home has undergone significant upgrades, including a new roof, new windows and doors, a new air conditioning unit and solar panels. The backyard is a gardener's paradise, with highly productive citrus, apple, and avocado trees, mature bougainvillea, jasmine, and ivy lining the fence, all fed by a drip irrigation system. For convenience, there is a large, well-maintained tool shed for gardening equipment or hobbies, along with an additional shed that includes a completely fenced-in area for small animals next to a raised garden bed. For added security, the home is equipped with a 5-camera Blink remote camera system installed both outside and inside. Located close to shopping, schools, businesses, the 15 freeway, and Highway 76, this pristine home is a rare find. Don't miss this opportunity!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 22, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by Performance Estates & Homes | $725,000 | |
| Listed by Performance Estates & Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017