12045 Old Castle Road
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 |
|---|---|---|---|
| Oct 15, 2022 | No longer available | - | |
| No longer available | |||
| Sep 5, 2022 | In contract | - | |
| In contract | |||
| Aug 2, 2022 | Listed by Coldwell Banker West | $850,000 | |
| Listed by Coldwell Banker West | |||
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VALUE RANGE PRICING $750,000 to $850,000. Please contact listing agent Andrea Hamacher 760-522-3355 with questions. Once in a rare moment, you walk into a house and know “it’s the one”! That moment when a house is way more than four walls, it’s home, your space, your future and your happiness. This beautiful single story home on 1.38 acres has been all of that and so much more for the Sellers. They’ve watched meteor showers in the summer sky, hosted barbeques and holidays, picked fruit and harvested produce from their garden for their dinner. As much as this home has been to its current people, their growing family feels called to another state, so the Sellers have decided it’s time for this home to have a new happy owner. What makes this home so special? It’s the opportunity to live a simple life in a home of unexpected quality and charm. 25 solar panels will power your dreams and a custom gated driveway offers privacy. Here you will find a kitchen you’d normally only expect in million dollar plus home. The Sellers are fortunate enough to have a relative who builds custom, high-end kitchens which means this sweet home has an epic kitchen with solid wood cabinets and incredibly innovative options. There are seamlessly integrated spice racks, a custom wood vent hood and an amazing accordion window behind the sink that brings the outside in. A gorgeous, cohesive color palate and design style throughout the home unite all the spaces and make it feel much larger and open. The well-chosen lighter toned laminate flooring adds a sense of space and the entire home has been maximized for storage and function. Outside offers endless opportunities to enjoy the charming modern farmhouse vibe from the patio with dining space, fire pit and party lights to the shady front porch overlooking the citrus grove. A recently added storage shed has provided the perfect work from home space for the Seller, and adding permanent electricity would be a straightforward upgrade. Even the laundry space in the attached garage is attractively well-appointed with a black matte faucet in the oversized sink and farmhouse style lighting with a custom hanging area. Property has natural gas service (no propane tank) and no HOA. Situated between Valley Center and the 15 freeway for proximity to the charm of Valley Center and the commuting corridor. We are extremely excited and proud to share this charming home with you and know you will fall in love! The manager has listed the unit size as 1348 square feet.
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| Mar 24, 2014 | Sold | ||
| Sold | |||
| Feb 16, 2014 | Listed by House To Home Realty | $389,000 | |
| Listed by House To Home Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017