15686 Summer Sage Road
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 19, 2020 | No longer available | - | |
| No longer available | |||
| Nov 17, 2019 | Price Decreased |
$1,159,900
↓ $40K
(3.3%) | |
| Price Decreased | |||
| Oct 3, 2019 | Listed | $1,199,900 | |
| Listed | |||
| | |||
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Beautiful two-on-a-lot pool property in Bridlewood, less than half a mile from Poway Highschool! Want someone to live close to you with independence too? This is the home for you! 4-bed/2-bath in front & 1-bed/1-bath in back with its own laundry & kitchenette. Based on recent rental activity in the area, the casita could probably rent for $1,200 a month or more to offset the mortgage. The main house’s brick porch & French doors at the entry welcome you into the spacious living room that feels even larger with cathedral ceilings. For additional energy efficiency, the living room has its own remote-controlled HVAC unit. The house also offers convenient smartphone controls for smart light switches, thermostat, & pool/spa equipment. The separate family room is adjacent to the eat-in kitchen & features a cozy fireplace & sliding door to the shade-covered patio. Master suite features separate, remote-controlled HVAC unit along with a walk-in-closet, linen closet, & over-sized bathroom. Relax in the jetted tub in the master bath or sneak out to the pool & spa directly from the master suite. Luxury smart toilet offers comfort, sanitary, & ecological advantages. Opening the sliding door from the living room ushers you into your backyard resort with a huge poolside patio that can easily accommodate multiple sets of tables & chairs, beautiful landscaping (seller spent $100,000 in upgrades), & outdoor lighting. Huge parking for RV & other toys with a motorized gate opening. Welcome home! The manager has listed the unit size as 2967 square feet.
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| Jul 13, 2018 | Sold | ||
| Sold | |||
| May 10, 2018 | Listed by Keller Williams Realty | $1,100,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017