2027 Balboa Circle
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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, 2025 | Sold | ||
| Sold | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Phillips & Company The J.R. Phillips Group, Inc. | $1,249,900 | |
| Listed by Phillips & Company The J.R. Phillips Group, Inc. | |||
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In the heart of the highly sought-after Shadowridge community, this beautifully maintained 3BR/3BA home lives like a single story home. A grand entry with oak staircase leads to formal living and dining spaces, while the updated kitchen with granite counters opens to both the family room and the new covered patio—perfect for seamless indoor-outdoor entertaining. The main-floor primary suite features dual walk-in closets and a private bath, with two additional bedrooms and full bath upstairs. Enjoy the benefits of newly installed AC, a metal patio cover, and professionally landscaped resort-style grounds with avocado and lemon trees. A two-car garage completes this exceptional property.
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| Aug 7, 2017 | Sold | ||
| Sold | |||
| Jun 22, 2017 | Listed by Century 21 United Brokers | $687,900 | |
| Listed by Century 21 United Brokers | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017