15 Ponte Brava
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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | Listed by Piscitello Realty | $698,500 | |
| Listed by Piscitello Realty | |||
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Welcome to your next dream home in the scenic Tuscany Hills community of Lake Elsinore. This expansive 3,262-square-foot residence offers five bedrooms and three bathrooms, providing plenty of space for living and entertaining. Clean, freshly painted and ready for move in.
Step inside to discover a thoughtfully designed floor plan featuring a large loft that adds versatility to your living space. The home's elevated position grants stunning views of Canyon Lake, creating a picturesque backdrop for your daily life. Energy efficiency meets modern living with a fully paid solar system, helping you save on utility costs.
The Tuscany-themed neighborhood provides a resort-style living experience with community amenities including a refreshing pool, relaxing spa, well-equipped gym and courts for basketball, pickleball and tennis. For outdoor enthusiasts, the location couldn't be better. You'll find yourself minutes away from a premier golf course, the exciting Diamond Stadium, and thrilling skydiving opportunities. The newly developed Launch Pointe RV camping destination offers endless possibilities for waterfront activities and entertainment.
This hillside setting combines suburban comfort with remarkable accessibility to recreational destinations. The home's position in this sought-after community provides the perfect balance of peaceful living and active lifestyle opportunities. Whether you're watching the sunrise over Canyon Lake from your bedroom window or enjoying the community amenities, this home offers the California lifestyle you've been seeking.
Join a vibrant community where Mediterranean charm meets modern California living, creating an exceptional place to call home.
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| Nov 27, 2019 | Sold | ||
| Sold | |||
| Apr 25, 2019 | Listed by Big Block Realty | $439,900 | |
| Listed by Big Block Realty | |||
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About Lake Elsinore Hills District
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017