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11 Vaquero Road
About This Property
This highly sought after Legacy Collection floor plan is designed around providing open concept California living. The main living area features impressive cathedral beamed ceilings with fully retractable glass walls offering uninterrupted flow between the open-air central courtyard and backyard oasis. The gourmet chef's kitchen features top of the line appliances including an Italian Bertazonni professional range, built-in refrigerator, convection oven, warming drawer, leather finished granite countertops and oversized island. The butler's pantry walk-thru leads to the formal dining room with sophisticated designer finishes and custom built-in cabinetry. The main floor master bedroom offers a spacious en-suite with a walk-in closet, jacuzzi, and an oversized shower. The entertainer's backyard highlights a Solana, which provides an outdoor open concept covered living space with a built-in BBQ kitchen, fireplace, and bathroom. The modern designed pool and spa provide a truly resort-like experience with a Baja shelf, water features, and tiki torches. Practice your golf skills on your own private 5-hole putting green complete with sand trap. This home also includes the added builder's option of the highly desired upper-level casita with private access off the courtyard. This unique & private space is perfect for a mother-in-law/guest suite and includes a bedroom, bathroom and a large bonus room with kitchenette. Luxury living at its finest!
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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 |
|---|---|---|---|
| Jun 24, 2020 | Sold | ||
| Sold | |||
| Apr 15, 2020 | Listed by First Team Real Estate | $2,249,000 | |
| Listed by First Team Real Estate | |||
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About Ladera Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017