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2418 Turquoise Circle
About This Property
The spacious primary suite includes high ceilings, a walk-in closet and remodeled en-suite bath with dual sinks, upgraded counters and a beautiful walk-in shower overlooking tranquil outdoor views. The second bathroom has been thoughtfully upgraded with a state-of-the-art walk-in tub and shower combination, offering both comfort and accessibility without sacrificing style. Additional features include upgraded windows, shutters, ceiling fans, a newer front door, 200-amp electrical panel, interior laundry room with utility sink and storage, and a two-car garage. Summit Ranch amenities are unique for such a reasonable monthly HOA fee: community pool, sports courts, as well as horse trails and equestrian options. Conveniently located for access to Orange County, this special property combines privacy, comfort, thoughtful improvements and beautifully designed outdoor living in one exceptional home.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$950,000
↓ $19K
(1.9%) | |
| Price Decreased | |||
| Oct 1, 2026 | Price Decreased |
$968,800
↓ $20K
(2%) | |
| Price Decreased | |||
| Sep 24, 2026 | Price Decreased |
$988,800
↓ $11K
(1.1%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Decreased |
$999,800
↓ $50K
(4.8%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Decreased |
$1,050,000
↓ $50K
(4.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017