21402 Tarraco
About This Property
converted into a 3rd bedroom. Enter into a large formal living room dining room combination with high ceiling. A nice size kitchen with granite counter, gas stove top, double ovens, refrigerator, and a lot of cabinets. the kitchen is adjacent to a cozy family room with a fireplace, a built-in cabinet, vaulted ceilings and direct access to the back yard. The guest bedroom is conveniently located across the hall bathroom. At the back of the house is a nice size master bedroom with a lavish master bathroom, including a dual sink vanity, a separate bathtub and stall shower, a separate room for the commode, and a large walk-in closet. There are plantation shutters throughout, light carpeting, and light tile. The inside laundry room is ideal. A low maintenance back yard with brick accents is a perfect place to relax and entertain family & friends. This home is in IMMACULATE condition and beautifully staged. Palmia Senior Community is second to none with an 18-hole putting green, tennis, paddle tennis, pickleball, bocce, swimming pool & spa, a beautiful club house with a great fitness center, billiard, card room, and library. There are many clubs, parties, and much more. You also have access to Lake Mission Viejo, with beautiful sandy beaches, boating, picnic areas, and fabulous summer concerts.
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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 |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Relisted | $1,184,000 | |
| Relisted | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017