20 Prairie Grass
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 17, 2021 | In contract | - | |
| In contract | |||
| Jan 6, 2021 | Listed | $4,199,888 | |
| Listed | |||
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Breathtaking estate with resort feel, beautifully renovated in 2020! Behind the guarded gates of prestigious Shady Canyon, lies the 5 bedroom & 4.5 bath residence on a 1/3 corner acre. The living room features soaring ceilings with decorative beams & an abundance of natural light. Neutral tones & white oak wood flooring throughout. 4 custom contemporary fireplaces with stunning Italian porcelain slabs, new interior light fixtures, Gourmet Chef's kitchen, with Wolf stove, Subzero stainless steel refrigerator, Italian porcelain countertops & butler pantry with wine fridge. Adjacent open-concept family room with cozy fireplace & sunny breakfast nook overlook a sparkling oversized Pebble Sheen swimming pool/spa. Six separate limestone patios create an inviting indoor/outdoor flow with an outdoor fireplace, covered dining areas & tranquil fountains. Enjoy mountain views from the balcony patio. The kitchen & master patio overlook the pool. The outdoor prep area creates ease for barbecues & pool parties with several recreational options. The high quality, low maintenance turf offers a clean presentation. Shady Canyon offers a country club & golf course, as well as world class amenities featuring, tennis courts, Olympic size pool, playground area & basketball court. The home is nestled in a nature preserve which encompasses scenic bike & pedestrian trails with direct access to Bommer Canyon. Award winning Irvine schools including close proximity to UCI.This home is truly a dream! The manager has listed the unit size as 4960 square feet.
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| Jan 30, 2020 | Sold | ||
| Sold | |||
| May 30, 2019 | Listed by Surterre Properties Inc. | $3,595,000 | |
| Listed by Surterre Properties Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017