1472 Paseo Grande
About This Property
PRIDE OF OWNERSHIP SHOWN IN THIS EXCELLENT CONDITION, BEAUTIFUL SINGLE STORY SUNNY HILLS HOME. THIS HOME HAS A SOPHISTICATED CHARM, METICULOUSLY MANICURED, WITH PLENTY OF CURB APPEAL. WELCOME GUESTS WITH A DOUBLE DOOR ENTRANCE, HIGH VAULTED CEILING IN THE LIVING ROOM WITH A COZY FIREPLACE. PRIVATE AND SECLUDED BACKYARD WITH GORGEOUS SPARKLING POOL, A BEAUTIFUL KOI POND AND A SPACTACULAR NIGHTSCAPE OF THE CITY. HIGHLY ACADEMIC SCHOOLS: SUNSET LANE, PARKS JUNIOR HIGH AND SUNNY HILLS HIGH SCHOOL. LOCATED CONVENIENTLY, WALKING DISTANCE TO PARKS, NEARBY SHOPPING AND SCHOOL. GREAT OPPORTUNITY TO RESIDE IN A HIGHLY DESIRABLE NEIGHBORHOOD.
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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 24, 2018 | Sold | ||
| Sold | |||
| Mar 15, 2018 | Listed by Advan Real Estate Services | $848,000 | |
| Listed by Advan Real Estate Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017