1045 Nacimiento Lake 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 |
|---|---|---|---|
| Jul 8, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by Keller Williams Realty Central Coast | $325,000 | |
| Listed by Keller Williams Realty Central Coast | |||
| Jan 26, 2020 | No longer available | - | |
| No longer available | |||
| Aug 23, 2019 | Listed | $819,000 | |
| Listed | |||
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Here is a very unique opportunity which should not be overlooked. Pipe fencing and a gated entry lead you to the two separate parcels, each with it's own well. One parcel is 5.02 acres and has a concrete approach leading you to the beautifully remodeled manufactured home. In addition, the package includes engineered plans for an elegant 2400 square foot stick built home. The existing home has a remodeled kitchen boasting rich cabinetry, granite counters and stainless appliances to creates a sophisticated atmosphere, flowing seamlessly into the living space. French doors and upgraded windows allow lots of natural light in the space and tile floors add true class. The master suite achieves contemporary styling, through the use of tile and rock, providing an upscale retreat. The floor plan is completed by an additional bedroom, an office and spacious hall bath. A travel trailer is currently set up on the property as additional living area. The second parcel is 7.6 acres, with world class views to the west. The rolling topography is highlighted by a knoll which affords you distant views of the rolling hills, vineyards and unbeatable sunsets. There are plenty of options for the future here, buyers need to satisfy their dreams can be achieved by meeting with the county. The manager has listed the unit size as 1152 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017