2496 Newgrove 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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | No longer available | - | |
| No longer available | |||
| Mar 7, 2024 | Price Increased |
$1,160,000
↑ $10K
(0.9%) | |
| Price Increased | |||
| Mar 7, 2024 | Listed by RE/MAX Desert Properties | $1,150,000 | |
| Listed by RE/MAX Desert Properties | |||
| | |||
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This could be your opportunity to live in the beautiful and newly developedEdencrest community. Discover serenity in this charming 3-bedroom, 3-bathroomone-story home nestled in a tranquil neighborhood tucked in the hills near DaleyRanch in East Escondido. Sitting towards the end of the cul-de-sac, with no housesacross the street, this residence invites you into an indoor/outdoor living space witha large California room and canine-friendly, top-of-the-line, artificial turf thatsprawls across the back and side yards. Sellers invested over $75,000 in the frontand backyard landscaping.The seamless open layout effortlessly facilitates daily life and the ability forentertaining. The kitchen features quartz countertops and bar seating, all with easyaccess to the spacious open-concept living room, the California room, andbackyard. There are tile floors in the laundry room and bathrooms and luxuriouslaminate flooring in the rest of the house. Sellers invested over $50,000 dollars ininterior upgrades, including a custom closet in the primary bedroom, customplantation shutters, state of the art kitchen appliances, and stain-resistent laminateand tile flooring throughout the entire house. There is an oversized, attached, 3-cargarage allowing the ability for an indoor gym, added storage, or a third car. This beautiful property offers fully-paid solar panels which will save you significantly on your electric bill
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| Feb 23, 2024 | Price Decreased |
$1,200,000
↓ $30K
(2.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017