*Expansive Private Backyard with lots of Upgrades! 3-car garage and
paid solar with 2 Tesla Powerwalls! The first-floor junior suite
can easily serve as the main bedroom! The spacious backyard is
beautifully landscaped, featuring a gazebo with a TV, a built-in
barbecue, and an inviting island retreat. A putting green
surrounded by vibrant trees and plants completes this ideal outdoor
Sanctuary. The modern chef's kitchen boasts white cabinets and an
elegant, large center quartz island. It's equipped with high-end
appliances, including a KitchenAid built-in refrigerator and a
beverage fridge, perfect for culinary enthusiasts. The dining room
features contemporary lighting and recessed fixtures, with large
windows that provide picturesque views of the backyard, gazebo, and
lush greenery. Great room with large sliding doors that open
seamlessly to an outdoor retreat with a fireplace. This layout
enhances natural light and promotes airflow, creating a harmonious
flow between indoor and outdoor spaces. Great Park offers a wide
range of amenities, featuring seven parks, three full-court
basketball courts, two junior Olympic-sized swimming pools, four
spas, and various biking trails. Additionally, you'll find sports
courts, a pickleball court, a Clubhouse, and 25 tennis courts,
including a championship court. The area also includes tot lots and
fields for soccer, volleyball, and baseball. Conveniently located
near the Woodbury Shopping Center and the Five Points Amphitheater,
it offers easy access to major freeways, including I-5, 405, 241,
and 133.
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.
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