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11062 Ilama Court
About This Property
The main level offers a private bedroom and full bath-ideal for guests or multigenerational living-along with a flexible space perfect for an office or media room. Upstairs, a generous loft creates an additional lounge or entertainment retreat.
The very private, low-maintenance backyard provides serene hardscape living framed by tranquil hill views. Enjoy walkable access to a premier regional sports park with tennis, pickleball, and basketball courts, baseball fields, scenic trails, and recreation amenities.
With quick freeway access and a low HOA, Sycamore Creek Community offers a resort-style pool, spa, gym, and clubhouse. This home delivers elevated comfort, exceptional functionality, and a coveted lifestyle enhanced by thoughtful smart-home technology.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Sep 3, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Jun 22, 2026 | Listed by Firstline Mobility Inc. | $875,000 | |
| Listed by Firstline Mobility Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017