29596 Olympic Dr
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 24, 2020 | In contract | - | |
| In contract | |||
| Nov 17, 2020 | Price Decreased |
$545,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Oct 28, 2020 | Listed | $550,000 | |
| Listed | |||
| | |||
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Looking for a large home? Here you are! This two-story home is in the amazing Heritage Lake Community of Menifee. This community offers a 25-Acre lake with fishing, paddle boats, walking trails, community pool, and splash park! This spacious home offers a very open floorplan! This home offers 5-bedrooms, 3.5 bathrooms, 3,551 square feet and many upgrades! Once you walk in you are greeted with luxury wood vinyl flooring, a formal dining and formal living room or office area. The kitchen is an entertainer’s dream! Complete with granite countertops, stainless steel appliances, butler’s pantry, kitchen nook and large island with bar seating, which opens to the family room. There is one full bedroom and one full bathroom downstairs, along with an indoor laundry room with plenty of storage. The garage offers a three-car tandem garage to accommodate everything. Enjoy the many amenities from the clubhouse, playgrounds, and waterfront pool within the community. Exercise in the nearby parks and trails or take a stroll along the lake trail basking in the glowing sunsets. Additional recreational activities include catch and release fishing or simply go paddle boating around the lake. Make this your home and let the natural surroundings give you the perfect work life balance. The manager has listed the unit size as 3537 square feet.
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| Aug 7, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017