27162 Discovery Bay Drive
About This Property
Welcome to this beautifully maintained 3-bedroom, 2-bath home nestled in the sought-after community of Heritage Lake. This charming property features an open and inviting floor plan, perfect for both everyday living and entertaining. The spacious kitchen flows seamlessly into the living and dining areas, creating a warm and welcoming atmosphere.
Enjoy the added convenience of a tandem 3-car garage, offering plenty of room for vehicles, storage, or even a home workshop. The home has been lovingly cared for and is move-in ready, with pride of ownership evident throughout.
Located in a peaceful neighborhood with access to community amenities and scenic surroundings, this home is a fantastic opportunity you won't want to miss!
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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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Price Decreased |
$550,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Sep 23, 2025 | Price Decreased |
$565,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Sep 14, 2025 | Price Decreased |
$579,999
↓ $5K
(0.9%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Menifee
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$3,200 /mo
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$2,995 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017