24092 Lapwing Lane
About This Property
A convenient main-level bedroom and 3/4 bath offer flexibility. Upstairs, you'll find additional bedrooms. The home also includes a 3-car attached garage for plenty of storage and parking, water softener, and tankless water heater. Plus, upgraded Pex Repiping done in 2017.
Located in the desirable Kite Hill community, residents enjoy access to resort-style amenities including a sparkling pool, spa, clubhouse, sand volleyball court, basketball court, playground, tennis and pickleball courts and more. Just minutes from Laguna Niguel Lake and surrounded by scenic trails, parks, and top-rated schools.
Don't miss this incredible opportunity-come see it 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 |
|---|---|---|---|
| Aug 4, 2025 | Sold | ||
| Sold | |||
| Jul 11, 2025 | In contract | - | |
| In contract | |||
| Jun 29, 2025 | Price Decreased |
$1,725,000
↓ $75K
(4.2%) | |
| Price Decreased | |||
| Apr 24, 2025 | Listed by Redfin | $1,800,000 | |
| Listed by Redfin | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017