21911 Bacalar
About This Property
Step outside to discover your private covered patio, perfect for entertaining, complete with an outdoor kitchen and an electric fireplace that sets the mood for cozy nights. The beautifully landscaped green area adds a touch of tranquility, while the versatile side yard opens up endless possibilities!
Located within walking distance to Lake Mission Viejo and a nearby park, you'll love the convenience of being close to schools, shopping, and dining.
Don't miss your chance to call this beautiful property home! Contact us today for a viewing!
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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 17, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Jan 6, 2025 | Price Decreased |
$1,299,000
↓ $21K
(1.6%) | |
| Price Decreased | |||
| Dec 3, 2024 | Listed by Next Level Real Estate Services | $1,320,000 | |
| Listed by Next Level Real Estate Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017