2605 Palmetto
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 18, 2024 | No longer available | - | |
| No longer available | |||
| Apr 29, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | No longer available | - | |
| No longer available | |||
| Apr 18, 2024 | Listed by Berkshire Hathaway HomeServices California | $2,149,999 | |
| Listed by Berkshire Hathaway HomeServices California | |||
| | |||
|
ABSOLUTELY stunning single-story residence nestled within the prestigious gated golf course community of Montecito in Tustin Ranch. Situated on a quiet cul-de-sac, this home offers the ultimate in privacy and tranquility, providing a serene retreat from the hustle and bustle of everyday life. The home welcomes you with beautiful double door entry and a lasting first impression with large open living and dining room complimented by an large double stacked windows, stone fireplace and gorgeous custom built-in buffet. Step into the backyard oasis and discover a spectacular entertainer's yard, complete with a gorgeous pool, spa, and BBQ island. The pool and spa are surrounded by stunning ledger stone and spill ways, offering a luxurious retreat for relaxation and enjoyment. The large covered patio area, misters, and outdoor TV create the perfect setting for al fresco dining and entertainment. The gourmet kitchen is a chef's delight, featuring high-end custom cabinets, stainless steel appliances including double ovens, a Wolf range, built-in fridge, granite counters, and a walk-in pantry. The primary suite, privately tucked down the wide hallway, offers a serene escape with spacious sleeping quarters and a cozy sitting area for moments of quiet reflection. The dual vanity bath boasts luxurious amenities, including a separate tub and shower, providing a spa-like experience in the comfort of home. A generous walk-in closet plus a secondary sliding door closet completes the primary suite. Two additional bedrooms and a completely remodeled hall bath offer ample space for family members or guests, while the fourth bedroom has been thoughtfully transformed into a built-out office tailored for productivity and creativity. Other amenities include a leased solar, a 3-car garage fully built out with epoxy floors and cabinets, and close proximity to the community pool, spa, tot lot and tennis court, Enjoy easy access to golf, shopping, restaurants and top rated schools making this home the ultimate retreat with all the amenities one could desire. The manager has listed the unit size as 2487 square feet.
| |||
| Sep 4, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017