1288 Cane Bay Lane
About This Property
Nestled close to shopping, schools, and the serene Lake Perris, this charming Four-bedroom, three-bathroom home with an amazing loft and possible 5th bedroom that offers 2,441 square feet of living space and sits on a spacious 10,054 square foot lot. The large lot is a blank canvas, perfect for designing the luxurious backyard of your dreams-ideal for entertaining friends and family.
Inside, the home strikes a perfect balance between comfort, style, and functionality, making it a wonderful space for hosting guests. In addition to the home's own amenities, residents can enjoy the community features, which include a pool, spa, playground, clubhouse, and gym.
Don't miss the opportunity to make this exceptional property your new home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 29, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by Galante Real Estate | $550,000 | |
| Listed by Galante Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017