24427 Novato Place
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 4, 2025 | Sold | ||
| Sold | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
| Oct 5, 2025 | Price Decreased |
$899,000
↓ $16K
(1.8%) | |
| Price Decreased | |||
| Sep 23, 2025 | Listed by Century 21 Affiliated | $915,000 | |
| Listed by Century 21 Affiliated | |||
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Spacious and stylish in San Diego Country Estates! This 4-bedroom, 3-bath home offers over 2,800 sq. ft. on a half-acre lot with plenty of upgrades to love. Inside, you’ll find beautiful Acacia flooring and a fully remodeled chef’s kitchen featuring a Bluestar range, Café French door refrigerator, built-in microwave, and solid stone counters. The family room is set up for fun with flush-mount Monoprice speakers, HDMI in-wall wiring, and 5.1 surround sound—perfect for movie nights or gaming. Enjoy the benefits of owned solar with Ecoflow Delta Ultra expandable battery backup, a hardwired L2 Tesla EV charger, and a brand-new HVAC system. The primary suite shines with a completely remodeled spa-like bathroom. Outdoors, relax on the patio with gazebo, lounge around the firepit and take advantage of permitted gas lines ready for a BBQ. A 3-car garage and easy-care landscaping complete this fantastic property. Call today to schedule your private showing!
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| May 19, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017