2627 Firebrand 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 7, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Listed by Steele Canyon Realty | $1,479,000 | |
| Listed by Steele Canyon Realty | |||
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Rancho Palo Verde is a Guard gated community nestled in the mountains of Alpine. This property is immaculate in every way. Driving up to the circular driveway you are greeted with lush, yet drought tolerant landscape, four car garage (two extra deep), fountains, and breath taking views of the southern mountain tops. Walk through the custom glass and hand crafted metal design front door to be greeted by an open great room. Continue straight through the patio doors to a brand new custom 150 foot infinity edge pool complete with a baja area, umbrella holes, floating steps, fire bowls, and large jacuzzi with a back drop of Viejas mountain. Outdoor firepit, artificial turf with putting green, mature fruit trees, brand new AMG built in barbeque, outdoor burners, sink and warming drawer. Two wings of the home offer privacy for everyone. Fifth bedroom is currently used as a movie room complete with surround sound, private access to yard and en-suite bathroom. The kitchen offers open concept living, stainless steel Bosch and Dacor appliances, and GE monogram fridge. Mini bar offers a new wine cooler and extra storage space. Primary bedroom is expansive with direct patio access through french doors. Primary bathroom will make you feel like you have your own spa with oversized walk in shower and jet tub! Paid leased solar panels, a new Generac generator to keep you comfortable if the power goes out, and a well! Irrigation is completely automated with an app! The community offers a private lake for fishing, boating, swimming, kayaking, paddle-boarding, a marina, community center, picnic area and fitness center! This home truly has it all!
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| Dec 6, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017