224 Auburn Woods CIRCLE
About This Property
through the quaint courtyard you are greeted with an open concept floor plan with incredible views of the pond and
preserve beyond. This villa is set to impress as it is move-in ready and has a BRAND NEW ROOF that was just
completed in August 2023! It is easy to entertain in this home with an open and spacious great room/dining room
combo, bright kitchen and lanai that has gorgeous views to enjoy your morning
coffee. Large master bedroom is toward the rear of the home and also captures the great views through the bay
window and additional clerestory window and has a large walk-in closet. Beautiful tile shower was just redone in the
master bath to give a luxe feel with extra storage space above. The den is located just off the dining area with double
pocket doors so can easily be used as a third bedroom if needed. The guest bedroom and bath are toward the front of
the home offering ample privacy for your guests. Lots of closet space and interior laundry room with utility sink is
adjacent to the large 2 car garage with a wall of cabinets. Auburn Woods is ideally located close to shopping, restaurants, medical offices and just a short drive to quaint downtown Venice and
Venice Beach. Great opportunity!
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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 |
|---|---|---|---|
| Feb 20, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | In contract | - | |
| In contract | |||
| Jan 19, 2024 | Price Decreased |
$389,000
↓ $11K
(2.7%) | |
| Price Decreased | |||
| Nov 18, 2023 | Price Decreased |
$399,900
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Nov 1, 2023 | Relisted | $425,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017