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11 Sundown 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%.
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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 |
|---|---|---|---|
| May 15, 2024 | No longer available | - | |
| No longer available | |||
| Apr 14, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by First Team Real Estate | $1,498,900 | |
| Listed by First Team Real Estate | |||
| | |||
|
Stunning Wagon Wheel Elegance! This home boasts 5 bedrooms, 3 bathrooms, a loft, and one
of the largest lots in the neighborhood. Privately situated, it features a 3-car garage, indoor
laundry, a main floor bedroom with a ¾ bathroom, and gorgeous hickory hardwood flooring
throughout the main level and staircase. Plantation shutters and an open-concept floorplan
enhance its charm. The remodeled kitchen showcases newer stainless steel KitchenAid
appliances, granite countertops, a stylish backsplash, a peninsula, vinyl windows, and
contemporary white, soft-close cabinets. Upstairs, the layout includes the master bedroom and
bathroom, 3 additional spacious bedrooms, Jack and Jill bathroom, and a generous loft flooded
with natural light. The master bedroom boasts plantation shutters and double doors leading to a
balcony overlooking the expansive backyard, designed like a private park. The master bathroom
features his/her closets, an upgraded vanity, flooring, and a separate tub/shower. The three
secondary bedrooms are roomy with mirrored closet doors and ceiling fans. The Jack and Jill
bathroom offers dual sinks and a tub/shower enclosure. Step outside to a backyard oasis with a
covered patio, TV, heaters, a built-in bar with a Lynx BBQ, two refrigerators, a large saltwater
pool, spa, firepit, and a vast grassy area, perfect for entertaining. Additional features include an
owned solar system, whole house water filtration system, ceiling fans, low taxes and HOA fees,
resulting in a very affordable cost of living. Conveniently located near parks, and the Toll Road
in the sought-after Capistrano School District. Zoned for Tesoro High School and Wagon Wheel
Elementary, two close by, highly regarded schools known for their academic excellence. The manager has listed the unit size as 2540 square feet.
| |||
| Jul 22, 2020 | Sold | ||
| Sold | |||
| Apr 27, 2020 | Listed by Bullock Russell RE Services | $1,024,999 | |
| Listed by Bullock Russell RE Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017