29596 Colebrook Drive
About This Property
As you step inside, you'll be greeted by an open and airy layout, ideal for modern living. The generously sized living area flows seamlessly into a well-designed kitchen, making it perfect for both entertaining and daily life. The master suite is a serene retreat, complete with a private bathroom and ample closet space. Two additional bedrooms provide plenty of room for family or guests.
The highlight of this home is undoubtedly its magnificent view of the Saddleback Mountains. Imagine relaxing on your private patio or enjoying your morning coffee while taking in the stunning panoramic vistas. The two-car garage offers ample space for vehicles and storage, adding to the home's practicality. HOA offers amazing park and pool with BBQ, pickleball, basketball, volleyball, bocce ball and clubhouse access.
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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 10, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by HomeSmart, Evergreen Realty | $1,299,000 | |
| Listed by HomeSmart, Evergreen Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017