20450 Avenida Castilla
About This Property
The heart of the home is the huge gourmet kitchen, featuring a massive island with granite countertops, an induction cooktop, double ovens, impressive cabinetry with plenty of storage, and a built-in cappuccino maker-perfect for the culinary enthusiast! Each room is generously sized, providing ample space for family gatherings or entertaining guests. The climate-controlled wine cellar that holds over 450 bottles is ideal for wine lovers. The home offers gorgeous crown moulding and custom lighting throughout. The primary bedroom suite is a true retreat, offering a spa-like bathroom with a custom walk-in shower, a soaking tub overlooking the beautiful pool, along with spacious double vanities.
Outdoor living is just as impressive with a huge covered patio designed for entertaining. It includes a built-in outdoor kitchen complete with refrigerator and dishwasher, making al fresco dining and hosting a breeze. Enjoy your personal paradise with the gorgeous pool showcasing a dramatic waterfall and slide, and a large workshop featuring its own 3/4 bathroom, a car lift and an 80-gallon air compressor, ideal for hobbyists. The property also boasts a charming potting shed, raised garden beds, and an abundance of fruit trees, perfect for garden enthusiasts.
For those seeking additional convenience, the property comes equipped with full RV hookups and plenty of room for an Accessory Dwelling Unit (ADU). Whether you're hosting or enjoying serene privacy, this home truly has it all.
Don't miss out on this extraordinary property, where luxury and functionality meet!
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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 |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Relisted | $1,500,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Aug 26, 2024 | Listed by Realty ONE Group Southwest | $1,500,000 | |
| Listed by Realty ONE Group Southwest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017