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12231 Alamo Drive
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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 |
|---|---|---|---|
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Oct 30, 2021 | In contract | - | |
| In contract | |||
| Oct 14, 2021 | Listed by A + Realty & Mortgage | $1,199,000 | |
| Listed by A + Realty & Mortgage | |||
| | |||
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Location Location Location! Excellent Luxury Home located in the exclusive gated community of Rancho Etiwanda Estates with Panoramic City View. Prime location at the top of the community. Offering many upgrades and high-end entertainers’ backyard. The main floor features a large living room with a fireplace, large sliding doors with upgraded screen doors that open up to the sprawling city light view. Oversized kitchen with big center island, quartz countertops, and beautiful tile backsplash. Stainless-steel appliances and walk-in pantry room for large storage space. Formal dining room and big size bedroom suite on the first floor. There is also a half bathroom on the first floor. Upstairs bedrooms feature jack and jill. You may use the loft upstairs as a study room or rest sitting area. The master bedroom is large in size with facing south, the master bath has its own bathtub and standalone shower. Large closet space. You can also enjoy the breathtaking city view from your own personal large balcony. The laundry is located on the upper level. The backyard is a huge flat lot, designed and built with a lot of high-end upgrades, a huge covered outdoor living area with a sitting area, sink, BBQ, full bar. There is also a large built-in fireplace. Minutes to the Victoria Gardens. The manager has listed the unit size as 3278 square feet.
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| Mar 26, 2020 | Sold | ||
| Sold | |||
| Mar 22, 2019 | Listed by KELLER WILLIAMS SOCAL | $1,029,888 | |
| Listed by KELLER WILLIAMS SOCAL | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017