11282 Martha Ann Drive
About This Property
designed for comfort and privacy. The primary retreat is situated in its own wing offering a walk-through closet leading to a spa-inspired ensuite bathroom with a double vanity & oversized walk-in shower. The second suite located near the kitchen is ideal for guests, complete with its own three-quarter bath ensuite. 2 additional guest bedrooms share a full hall bathroom. The backyard is an entertainer's paradise. Step through the sliding French doors to discover a built-in BBQ island, a cozy fire pit & sparkling pool & spa surrounded by lush landscaping including palm trees, a mature orange tree & ivy-covered walls. A dog run & custom side gates add functionality & charm. Additional upgrades include: Dual-pane sound resistant windows, New high-efficiency HVAC system (2023), Custom cabinets & granite countertops throughout, High-efficiency saltwater pool system (2023), Smart security system w/full-door, window, and motion coverage. This home blends classic charm w/modern updates with a perfect balance of comfort, style & functionality. You'll be living in comfort in this neighborhood situated in the award winning Los Alamitos School District.
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 9, 2025 | Price Decreased |
$1,695,000
↓ $200K
(10.6%) | |
| Price Decreased | |||
| Feb 9, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by First Team Real Estate | $1,895,000 | |
| Listed by First Team Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017