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2615 Ginger Way
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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | Listed by Pagni Real Estate | $818,000 | |
| Listed by Pagni Real Estate | |||
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Sold before processing
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| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Listed | $799,000 | |
| Listed | |||
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Contractor’s own home – fully renovated with character and style! Step inside this beautifully reimagined home that blends designer finishes, modern upgrades, and undeniable charm. The fully remodeled kitchen features custom cabinetry, a butcher block center island, quartz countertops, and premium KitchenAid appliances. Both bathrooms are equally impressive with timeless design choices like hex tile flooring, quartz counters, and subway tile surrounds. Throughout the home, warm wood floors, modern tile, plush carpet, and curated details create an inviting yet elevated atmosphere that feels fresh, thoughtful, and truly one-of-a-kind. Outside, the home continues to impress. Set on a generous .37-acre lot, the private yard offers incredible versatility and space for all your lifestyle needs. A covered patio, built-in BBQ, low-maintenance turf, and saltwater above-ground pool with a surrounding wood deck make this an entertainer’s paradise. Enjoy peaceful easterly views and vibrant sunrises, along with a separate play area ideal for young ones. For hobbyists and adventurers, there’s plenty of room for your toys—boats, watercraft, equipment—and even a massive 420 sq ft RV storage structure. Below the main living space is a huge 1,190 sq ft garage, offering endless potential for a workshop, gym or future bonus room. Significant upgrades include an owned 10KW solar system, new roof (2016), HVAC (2018), Milgard low-e windows, extensive rewiring and nearly complete replumbing, new ABS waste lines, and a recently serviced septic system. Centrally located with a rural feel yet city-close, this home is just minutes from Stone Brewing, Costco, Target, Vintana, and a variety of other shops and restaurants. Quick access to both the 78 and 15 freeways makes commuting a breeze. Students attend highly desirable San Marcos schools. There’s truly nothing else like it on the market—come see for yourself!
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| Oct 12, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017