212 Garnet Way
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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 |
|---|---|---|---|
| Mar 4, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | Listed by Pacific Sotheby's Int'l Realty | $1,579,900 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Situated at the end of a cul-de-sac in the gated community of Candela in Rancho Tesoro, this stunning Spanish-inspired home boasts a highly sought-after and rarely available floor plan that blends modern luxury with functional design. Featuring an open layout with soaring 10' ceilings and porcelain wood-like floors, the home offers a chefs dream kitchen with granite countertops, soft-close cabinetry, under-cabinet lighting, a subway tile backsplash, and an oversized island that seamlessly connects to the dining and living areas. The entry-level primary suite is a true retreat, complete with a custom barn door, spa-like bath with dual vanities, a soaking tub, and a large walk-in closet. Upstairs, you will find an en-suite bedroom, spacious secondary bedrooms with large closets, a laundry room, and a versatile oversized loft. With minimal construction, the en-suite bedroom and part of the loft can be transformed into a second master suite—perfect for multigenerational living! Upgrades include keyless entry, a Ring doorbell, remote-controlled fans/lights, whole-house blinds, a built-in refrigerator, and a GE washer and dryer. The recently landscaped, low-maintenance features a covered California room, durable and modern tile, lush turf, and a wood privacy fence, perfect for outdoor entertaining, while the community offers resort-style amenities including a pool, cabanas, parks, and trails. Conveniently located near top-rated schools, major freeways, and just 10 miles from Carlsbad beaches, this exceptional home is a must-see!
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| Aug 9, 2019 | Sold | ||
| Sold | |||
| Jun 21, 2019 | Listed by Pacific Sotheby's Int'l Realty | $824,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017