1685 Rose Ave
About This Property
The backyard is a secluded retreat, meticulously landscaped with a spa, providing a peaceful escape amidst stunning mountain vistas. This property is situated in a prime location, surrounded by vacation resorts, casinos, leisure farms, and unique attractions such as night tours of lavender farms. The area is also close to cultural hotspots, including Redlands, scenic apple orchards, and the charming Oak Glen, offering abundant outdoor and nature exploration opportunities.
This estate represents a prime investment, continuously attracting potential renters with its appealing features and strategic location. It combines luxury living with the beauty of nature, offering a serene and enriching lifestyle.
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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by JC Pacific Capital Inc. | $799,000 | |
| Listed by JC Pacific Capital Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017