21280 Cielo Vista
About This Property
This beautifully remodeled 3-bedroom, 2-bath ranch home offers 1,588 sq ft of refreshed living space with new interior paint, luxury vinyl plank flooring, new bedroom carpet, new windows throughout, a new sliding glass door, recessed lighting, and ceiling fans. The fully remodeled kitchen features butcher block countertops, a farmhouse sink, and upgraded appliances. Both baths have been updated, including a primary bath with a generous walk-in glass shower.
Step out to a large balcony overlooking the property, perfect for morning coffee or sunset views. The lower acreage offers room for a horse arena, corrals, or a large barn, while the upper area is ideal for chickens and livestock, with a zip line, multiple tree swings, and space for a tree fort. There's also an enclosed chain-link dog run along the back of the home.
The big-ticket items are already done: a brand-new roof, leased 19-panel solar system with 2 Tesla Powerwall batteries, water purification system, automatic garage door, concrete driveway with expanded parking, and a retaining wall. Room to roam, low energy costs, and minutes from town. At this new price, schedule your showing today!
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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 |
|---|---|---|---|
| Sep 29, 2026 | Price Decreased |
$725,000
↓ $45K
(5.8%) | |
| Price Decreased | |||
| Sep 22, 2026 | Price Decreased |
$769,899
↓ $2
(0%) | |
| Price Decreased | |||
| Sep 21, 2026 | Price Increased |
$769,901
↑ $1
(0%) | |
| Price Increased | |||
| Sep 6, 2026 | Price Decreased |
$769,900
↓ $9
(0%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Increased |
$769,909
↑ $9
(0%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017