29682 Preston Drive
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%.
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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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Listed by Coldwell Banker Realty | $1,295,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Tucked within the highly sought-after community of Crown Valley Highlands, this charming single-level home is ready for its next chapter. A serene private courtyard and quintessential Dutch door create a warm, inviting introduction. Offering three bedrooms and two baths, the home features ceramic tile flooring throughout, abundant natural light, and sliding glass doors that open to a fully enclosed, irrigated backyard with breathtaking mountain views. The renovated kitchen blends style and function with custom lighting, skylight, Moroccan tile backsplash, Corian countertops, built-in shelving, and new Samsung stainless steel appliances. Anchored by a cozy fireplace the living spaces are designed for both comfort and connection. The primary suite is a tranquil retreat with courtyard views, ample closet space, walk-in glass-enclosed shower, and integrated toilet and bidet by Toto. Secondary bedrooms are bright with generous windows and closet space, while the guest bath offers a pristine tub, skylight, updated hardware and corian counter top. Additional highlights include new hardware throughout and a versatile two-car garage with epoxy flooring, laundry area, overhead storage, 220 EV charger, and potential for a wellness or fitness space. Crown Valley Highlands offers a vibrant community lifestyle centered around its gated resident park, featuring a pool, pickleball, volleyball, basketball, and bocce courts, playground, and manicured walking trails. Ideally located near award-winning Moulton Elementary School, with convenient access to Salt Creek Beach, as well as nearby hiking, biking, dining, and shopping, the neighborhood blends recreation, convenience, and coastal proximity. Set within this inviting community, the home itself offers a peaceful single-level sanctuary. Thoughtfully upgraded and designed for comfort, privacy, and effortless everyday living.
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| Aug 12, 2022 | No longer available | - | |
| No longer available | |||
| Jul 21, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017