24423 Novato
About This Property
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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 |
|---|---|---|---|
| Nov 9, 2021 | Sold | ||
| Sold | |||
| Oct 15, 2021 | Listed by Coldwell Banker West | $705,000 | |
| Listed by Coldwell Banker West | |||
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Country living at its finest, this home is located in the highly desirable San Diego Country Estates in Ramona, it is an entertainers dream! Featuring a sparkling pool, spa, horseshoe pits, and outdoor grilling area. This home offers an open concept floor plan with 3 bedrooms, 2 baths plus a BONUS room located off the kitchen. not to mention owned solar, a covered patio, several fruit trees, pepper plants, as well as tomatoes plants. Floors have been recently redone with luxury vinyl, along with the exterior stucco being completely redone with high quality tex-cote "cool-wall' which is an energy saving coating to help reflect heat, and save on energy. This home is a must see and won't last long. San Diego Country Estates is a community nestled in Ramona where you can enjoy a unique country living lifestyle. enjoy the natural beauty that surrounds you and the extensive amenities offered- pool, spa, tennis courts, family friendly recreational areas, horse trails, hiking trails, and parks. Two equestrian centers, a beautiful golf course and more.
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| Jul 25, 2016 | Sold | ||
| Sold | |||
| May 31, 2016 | Listed by Coldwell Banker Res. Brokerage | $475,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017