28142 Paseo Rincon
About This Property
Welcome to this beautifully remodeled 3-bedroom, 2-bathroom home, offering approximately 1,600 sq. ft. of living space on a generous 7,700 sq. ft. lot. Nestled on a peaceful single-loaded street, this home boasts breathtaking panoramic views and stylish upgrades throughout. Step inside to discover brand-new vinyl flooring, dual-pane windows and sliders, fresh paint, and elegant quartz countertops. The kitchen shines with a new stainless-steel sink and faucet, while new vertical and louver blinds add a modern touch. The tile roof enhances durability and curb appeal. The backyard is a dream for entertainers, featuring a spacious covered patio, beautifully landscaped yard, and ample room for gatherings. The front yard is designed for easy maintenance with artificial turf. Additional highlights include a concrete patio, paver-accented driveway, two new side gates, and an energy-efficient air conditioner, heater, and furnace that were recently replaced. The hall bathroom has been upgraded with a stunning ceramic tile shower. Enjoy the convenience of a two-car attached garage with direct access, low taxes, and low HOA fees. Plus, take full advantage of the incredible amenities at Lake Mission Viejo-swimming, boating, fishing, sailing, concerts, and more! This home is also ideally located near award-winning schools, shopping, restaurants, parks, trails, sports fields, and a dog park. This one will not last long-schedule your private tour today!
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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 |
|---|---|---|---|
| Apr 2, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | Listed by Coldwell Banker Realty | $1,249,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017