1620 Madrone Gln
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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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | Listed by UTCHomes | $879,000 | |
| Listed by UTCHomes | |||
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Stunning turnkey upgraded home Escondido's Cimmaron Community: Step inside this beautifully upgraded residence, where every detail has been meticulously designed to enhance your lifestyle. From the moment you enter, you’ll be captivated by the luxurious features that make this house truly exceptional. The spacious living areas with vaulted ceilings, boast premium luxury vinyl plank flooring. Say goodbye to high energy bills and fully paid Solar. Rest easy knowing that your home is protected by a brand-new roof. Organize your wardrobe effortlessly with custom-built closets, and a highly upgraded kitchen with white quartz countertops, and upgraded bathrooms, Master bedroom with private entry to the yard, an entry-level bedroom with an ensuite bath, freshly painted with neutral color, enjoy a private balcony with amazing city views. Step into the backyard surrounded by fruit trees, an herb garden, and drought-resistant plants. Truly an exceptional home waiting to be yours. As the day winds down, step onto your private patio and savor breathtaking sunset views. Landscaping enthusiasts will appreciate the thoughtfully chosen drought-tolerant plants. French drains crisscross the backyard, efficiently channeling excess water away from the house. The backyard features a newly constructed retaining wall, elegantly designed to prevent erosion and provide stability. The interior has been treated to a fresh coat of paint. amazingly upgraded kitchen with upgraded white quartz counters. Enjoy backyard relaxation with beautiful patio. Newly Clean ducks and chimney, Nested in Pomegranate, cherry, peach, fig, lemon, and orange trees across the backyard as well as herb garden with Basil, Dill and Italian Oregano.
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| Oct 16, 2017 | Sold | ||
| Sold | |||
| Jun 18, 2017 | Listed by First Team Real Estate | $485,000 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017