12285 Lighthouse Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 26, 2018 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $1,350,000 | |
| Listed | |||
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Upgraded home on an oversized lot in the gated community of Old Ranch in Seal Beach is move-in ready. Rich hardwood floors, plantation shutters, high ceilings and recessed lighting add to the elegance of the bright, open floor plan. Enter the inviting living room which opens to the formal dining room w/ a soaring ceiling and an impressive iron chandelier. The adjacent great room features a cozy stone fireplace & seamlessly flows to the kitchen. Upgraded kitchen is well-appointed w/ granite counters and backsplash, stainless steel appliances, dual ovens, fresh white cabinets, large center island and breakfast nook w/ sliding doors to backyard. Main floor bedroom offers convenience and privacy for guests and is adjacent to a full bathroom. Up the wrought iron staircase is a huge loft w/ many work areas suitable for either a home office or for studying. Master bedroom features a large walk-in closet, retreat area and bathroom w/ dual sinks, soaking tub and oversized walk-in shower. Storage abounds w/ built-in drawers at the top of the stairs, in the loft and in the master bedroom along w/ additional shelving. Secondary bedrooms are generously sized and each feature direct-access bathrooms. Additional features include upgraded bathrooms, solar panels (owned outright), whole house fan (connected to a smart plug in attic) and large two-car attached garage. Relax or entertain in the spacious and private backyard w/ a sparkling salt water pool and spa and drought-tolerant landscaping The manager has listed the unit size as 3191 square feet.
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| Jul 13, 2017 | Listed by Redfin | $1,300,000 | |
| Listed by Redfin | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017