205 Spanish Garden Drive
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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | Listed by Parkway Real Estate Co. | $899,500 | |
| Listed by Parkway Real Estate Co. | |||
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Wow! This amazing creek frontage property is one of the best I've seen! On 3 acres, with it's many magnificent Redwood trees, colorful Dogwood trees, Japanese Maples, green grass bordered by meandering walkways throughout....It is so hard to describe. You must see it to believe it! This is an opportunity to enjoy watching the salmon run, fishing out your back door, relax in nature with the deer, wild turkeys, egrets, ospreys in their nest, and even an eagle or two.
There are sturdy steps down to the spectacular beach, allowing you plenty of room to sit and bask in Butte Creek. Up closer to the house there are unbelievable canyon bluffs, a sparkling Pebble Tech pool along with an extended deck, perfect for enjoying this serene setting.
And the home is stunning as well! Gorgeous hardwood floors are throughout most of the home. The living room is spacious with a vaulted ceiling, woodburning fireplace and sliders out to the deck and creek view. The primary bedroom is large with a gas fireplace and plenty of "sunset view" windows. The primary bathroom includes a deep soaking tub, custom remodeled shower plus a large walk in closet.
There is an attractive formal dining room plus a sunny breakfast nook. The kitchen has been remodeled and upgraded with custom Alder soft close cabinets, solid surface counters, stainless appliances and a breakfast bar. In addition to the two other bedrooms, there is an office with a slider out to the bonus Swim Spa, convenient for winter months.
Additional features include a triple car garage with epoxy floor finish and plenty of cabinets, a Generac generator wired for automatic usage during PGE outages, water softener, whole house fan, a newer HVAC unit and OWNED SOLAR. Close and convenient to town and freeway access. If you're looking for privacy in a parklike setting, come take a look!
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| Oct 23, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2019 | Listed by Century 21 Select Real Estate, Inc. | $875,000 | |
| Listed by Century 21 Select Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017