20812 Alcala Terrance
About This Property
Photos are representative of plan and may vary as built.
The Lakeway is a single-story home that offers 2,042 square feet of living space, a two-car garage, four bedrooms, three bathrooms and a study. As you enter this home you will find yourself in a foyer that opens to a spare bedroom, bedroom 2, a bathroom and a large study with an extra closet for storage. As you continue through the home you will walk into the spacious dining room, kitchen and open family room that leads to a covered patio. The kitchen features a large kitchen island, granite countertops, a large pantry and stainless-steel appliances throughout. Just off the dining room is the third and fourth extra bedrooms as well as the third bathroom. At the back of the home, just off the family room, is the main bedroom, bedroom 1. This bedroom features plenty of space and natural lighting, a large bathroom with double vanity and a large walk-in closet.
This home includes full yard irrigation and sod, as well as our HOME IS CONNECTED base package which includes the Alexa Voice control, Front Doorbell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.
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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 |
|---|---|---|---|
| May 5, 2024 | No longer available | - | |
| No longer available | |||
| Apr 29, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Price Decreased |
$389,990
↓ $12K
(3%) | |
| Price Decreased | |||
| Apr 5, 2024 | Listed by D.R. Horton, AMERICA'S Builder | $402,103 | |
| Listed by D.R. Horton, AMERICA'S Builder | |||
| Apr 4, 2024 | Price Decreased |
$402,103
↓ $4K
(1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017