1285 Palomino Road
About This Property
Completely remodeled w/ modern amenities while keeping the charm of a Spanish hacienda. Dual paned windows, Tile roof repapered, New Fisher Paykel appliances, New Distressed hardwood flooring & carpet...too much 2 list. Spacious RMS w/ vaulted ceilings & wood beams. Separate room w 1/2 bath 4 HM office or turn into a hobby RM! Completely covered veranda w/ new but authentic Spanish San Felipe Saltillo paver is perfect for outdoor dining or game room. Large from yard for plenty of parking or RV. So many possibilities , this is a one of a kind find!
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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 |
|---|---|---|---|
| Apr 20, 2020 | Sold | ||
| Sold | |||
| Mar 12, 2020 | Listed by Redfin Corporation | $749,900 | |
| Listed by Redfin Corporation | |||
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A unique, fully fenced in property with a beautifully updated, modern, Spanish-style single-story home that has so much to offer! Long driveway with space for RV/boat parking, a peaceful seating area, and fruit trees galore! The interior features tall ceilings with exposed beams, gorgeous flooring, ceiling fans, a large white brick see-through fireplace separating the living/dining room and the family room, a stunning chef's kitchen that looks like it's out of a magazine. and custom finishes throughout! There's a separate office with its own bathroom. Enjoy privacy and views from the backyard that boasts an outdoor living area with ceiling fans, a pergola covered patio, water fountain, multiple seating areas, and a shed.. Neighborhoods: Fallbrook Equipment: Shed(s), Vacuum/Central Other Fees: 0 Sewer: Septic Installed Topography: GSL
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| Dec 1, 2017 | Sold | ||
| Sold | |||
| Sep 24, 2017 | Listed by RE/MAX United | $699,000 | |
| Listed by RE/MAX United | |||
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Spanish style single level w/ Views. Mature trees surround the perimeter of the Gated property adding 2 the feeling of seclusion, yet so close to town. Completely remodeled w/ modern amenities while keeping the charm of a Spanish hacienda. Dual paned windows, Tile roof repapered, New Fisher Paykel appliances, New Distressed hardwood flooring & carpet...too much 2 list. Spacious RMS w/ vaulted ceilings & wood beams. Separate room w 1/2 bath 4 HM office or turn into a hobby RM! (cont'd in supplement) Neighborhoods: fallbrook Complex Features: , Equipment: Garage Door Opener, Shed(s) Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL
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| Jul 19, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017