17207 Voorhes Ln
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Relisted | $649,900 | |
| Relisted | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Platinum Realty Services, Inc. | $649,900 | |
| Listed by Platinum Realty Services, Inc. | |||
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Experience country living with city convenience! This charming and cozy 2-bedroom, 1-bathroom horse property is located on the West Side of Ramona. The home is situated on a private dead-end road, just 10 minutes from the Ramona Preserve, where you can hike, bike, and ride horses. Also, there are many wineries nearby!
The property is generator-ready and equipped with a paid solar system featuring 20 panels. Recent upgrades include a new water heater installed in 2020, a new roof with a 15-year transferable warranty added in 2021, and a new roof on the garage overhang. In 2023, the sellers upgraded the dishwasher, refrigerator, washer, and dryer, all of which will remain with the home. The exterior has been freshly painted, and the interior has been updated as well. The tub and shower have been reglazed, and a new stove and microwave were installed just a few months ago.
The garage can easily be converted into additional living space, and with a spacious 37,000-square-foot lot, the possibilities are endless. The property includes a horse paddock with electric fencing, cross-fencing for animals, and for gardening enthusiasts, there are five raised flower beds.
A significant advantage of this home is the lower electric bills. The sellers stated that their SDG&E bill for July 2024 was approximately $100 for the entire year and the home is on a private well!
This property is perfect for anyone looking to purchase their first home or seeking to downsize to a smaller residence!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017