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12184 Knoll Crest
About This Property
The backyard is a true standout with a large pool, tropical-style covered patio, and multiple outdoor seating areas perfect for gatherings, summer BBQs, or relaxing evenings. Inside, the home features vaulted ceilings, abundant natural light, separate living and family rooms, a cozy fireplace, and a bright open kitchen with breakfast nook and pantry. A downstairs bedroom and full bath provide flexibility for guests, multigenerational living, or a home office.
Upstairs, the spacious primary suite includes vaulted ceilings, dual vanities, soaking tub, and walk-in closet. Additional highlights include central A/C, indoor laundry room, a 3-car garage, energy-efficient owned solar panels (6 years left on lease at $220/ month, covers 85% of power bill during summer months and 100% of power bill in cooler months) and a newer roof installed prior to the solar system for added peace of mind and long-term value. Conveniently located near schools, shopping, dining, and freeway access, this home offers the space and amenities rarely found at this price point in East County.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017