20161 Hill Spring Road
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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%.
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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 2, 2023 | No longer available | - | |
| No longer available | |||
| Jul 26, 2023 | In contract | - | |
| In contract | |||
| Jul 11, 2023 | Listed by Realty Vault | $669,900 | |
| Listed by Realty Vault | |||
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LOW TAX ALERT! Don't miss out on this incredible opportunity! 20161 Hill Spring offers a spacious living experience with low taxes and NO HOA fees! Boasting nearly 3,000 square feet, this unique Wildomar pool home is perfectly positioned facing east, providing breathtaking views of the Cleveland National Forest from your back balcony. Upon entering, you'll discover a well-designed layout that maximizes space and functionality. This property is currently configured with 3 bedrooms and a loft upstairs, along with a generously sized 4th bedroom on the main floor. Additionally, the versatile loft area can easily be converted into a 5th bedroom if desired. Recently updated with fresh paint, the interior exudes a clean and modern feel. The white cabinets and upgraded countertops in the kitchen create a sleek and stylish atmosphere. With a 3-car garage and the added benefit of no rear neighbors, this property offers convenience and privacy. More than just a house, this home offers a high quality of life that is difficult to find at this price point. The manager has listed the unit size as 2759 square feet.
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| Jul 30, 2019 | Sold | ||
| Sold | |||
| Jun 20, 2019 | Listed by CENTERPOINTE REALTY, INC. | $415,000 | |
| Listed by CENTERPOINTE REALTY, INC. | |||
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About Wildomar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017