29645 Olympic Drive
About This Property
This home has all the space you need, including a versatile loft area and a dedicated office, ideal for working from home or creating a quiet study space. Convenient for guests or multi-generational living, the downstairs bedroom comes with a private bathroom. Natural light floods through the home, enhancing the open and inviting atmosphere. Enjoy the comfort of nearly new flooring throughout, only 2 years old, and elegant plantation shutters adorn every window, providing both style and privacy.
The chef's kitchen boasts modern upgrades, ample counter space, and a butler's pantry for additional storage and convenience. Retreat to the expansive primary bathroom featuring a huge walk-in shower, separate soaking tub, and dual vanities. Relax and entertain under the covered patio, perfect for enjoying Southern California's beautiful weather year-round.
Situated in the Heritage Lake community, you'll have access to fantastic amenities, including a clubhouse, pool, parks, and scenic walking trails INCLUDING the 25 acre lake to go paddle boating. Plus, you're just a short drive away from shopping, dining, and top-rated schools. Situated perfectly between LA and San Diego.
Don't miss out on this incredible opportunity to make this beautiful house your forever home. Contact us today to schedule a private tour!
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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 |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Hardy Realtors | $765,000 | |
| Listed by Hardy Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017