1267 Avocado Summit Drive
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 |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Coldwell Banker Realty | $1,099,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to your private retreat in the picturesque gated community of Avocado Estates. This large corner lot home offers resort-like living with mature macadamia trees lining the property and lush landscaping all around. A white picket fence adds charm to the property's entrance and adds to the curb appeal. Stepping inside this 4-bedroom, 3-bathroom home, you'll find vaulted ceilings and plenty of natural light in the living area. The renovated kitchen features refinished wood cabinetry, granite countertops, updated laminate flooring, stainless steel appliances with a built-in gas stove, and a bay window showcasing gorgeous mountain views. Beautiful hardwood floors extend through the family and dining areas. The primary suite includes a balcony overlooking the mountains, a walk-in closet, and an ensuite bathroom with dual sinks, a large soaking tub, and a separate custom walk-in shower. Modern amenities include fully owned solar panels, new roof, fresh interior paint, two fireplaces, separate laundry room, updated window treatments, and forced air conditioning. The well-maintained exterior offers a new irrigation system and a dog run. Parking is ample with a 2-car garage and driveway space for 5-7 vehicles. Avocado Estates provides excellent amenities including: a pool, jacuzzi, BBQ area and koi pond, all with low HOA fees. Enjoy nearby walking trails, shopping, dining, schools, and hiking routes. This updated home offers both comfort and style in a desirable location. Don't miss the opportunity to make it yours.
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| Mar 8, 2013 | Sold | ||
| Sold | |||
| Jan 31, 2013 | Listed by San Diego Properties Group | $488,900 | |
| Listed by San Diego Properties Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017