24882 Rainbarrel Road
About This Property
1st Floor Bedroom (5th bedroom-no closet) and Bath. This impeccable home is family ready.
Enter your formal living room with separate dining room, a spacious family room with gorgeous open concept kitchen. This GOURMET KITCHEN has a large center island, farmhouse stainless steel sink, stainless steel appliances, beautiful granite countertops & white cabinetry. Enjoy cozy evenings in front of your fireplace in the family room with built in cabinets. Conveniently located on the main floor are one bedroom and a full bathroom. The laundry room has plenty of cabinets & counter space and its own sink. Upstairs is a spacious master bedroom. There are his and hers walk-in closet along with a separate glass shower and a soaking tub. You'll find 3 more bedrooms upstairs along with a separate office or workstation area. Ceiling fans in every bedroom. Great for entertaining your guests! Relax out back under the stars. Large backyard, room for a pool. Fresh eggs? There is a small chicken coop on the side of the house. Oh! No roosters, just hens. Can be removed if requested. Located within a great community known as "The Farm" is a wonderful Wildomar development with 3 pools, trails, a fishing pond, 38 acres of citrus, old time charm, several duck ponds, special events, community center, tennis, basketball, BBQ and picnic area and a play area for kids. LOW TAXES AND HOA!
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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 |
|---|---|---|---|
| Oct 4, 2019 | Sold | ||
| Sold | |||
| Jul 29, 2019 | Listed by Liberty Real Estate Services | $410,000 | |
| Listed by Liberty Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017