16225 Selva Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Listed by RedRock | $999,900 | |
| Listed by RedRock | |||
| | |||
|
Welcome to this exceptionally upgraded mid-century home in the sought-after 55+ Seven Oaks community of Rancho Bernardo. A single-story gem originally built in 1970 and offering approximately 1,614sf of open living space, with another 324sf California room addition, this home provides the perfect blend of updated features and architectural charm. With a wonderful and spacious open-concept, this cool house has been completely modernized with new laminate wood flooring, completely rehabbed kitchen and bathrooms including new cabinets and countertops, new stainless steel appliances and has fresh paint inside and out. The premium upgrade also includes new interior recessed lighting, lots of plumbing and electrical improvements and so much more. Enjoy seamless, cozy yet airy indoor-outdoor living that blends the spacious interior with the private landscaped backyard, while community features like the pool, spa, pickleball courts, and clubhouse all enhance the premier lifestyle offered at Seven Oaks. All this comes with a low annual HOA of just $47/month. This is a good one so don't miss out!
| |||
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Jan 13, 2025 | Listed by Keller Williams Realty | $935,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Tax Record shows 1,614 as the square footage. California room adds an additional 324 square feet (27’ x 12’). Originally built as a 3 bedroom / 2 bathroom home. Previous seller removed the wall between the 2nd and 3rd bedrooms to make a large guest room/office/suite. Wall can be reconstructed and returned to 3-bedroom status. Beautifully maintained property in the desirable Seven Oaks 55+ community! Excellent curb appeal with driveway pavers and lovely private lot with native landscaping. Large retractable awning, space for BBQing and outdoor eating make this ideal for relaxation and entertaining. Interior home features include plantation shutters, California room with custom drapes and central heating and air conditioning and dual paned windows. New wood vinyl flooring, berber carpet, newly painted interior with high-end stainless-steel kitchen appliances make this home move-in ready. Other upgrades include: All plumbing and electrical, new bathroom tiles, new water heater (2022), newly painted garage with epoxy flooring and cabinets. California room addition is not included in original property square footage of 1,614 square feet. Access to all that Seven Oaks has to offer with senior activities, pool, spa, new pickleball courts and Recreation Room at the Seven Oaks community center. Very low HOA. $522.00 annually.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017