29764 Masters 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%.
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 |
|---|---|---|---|
| Aug 6, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Listed by Team Forss Realty Group | $775,000 | |
| Listed by Team Forss Realty Group | |||
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This meticulously maintained and recently updated 4-bedroom (plus office), 3-bathroom home offers the perfect blend of comfort, style, and convenience. With an expansive open floor plan and high ceilings, the home is full of abundant natural light with views of the 12th hole and ponds of The Golf Club at Rancho California from multiple windows. The modern, refreshed kitchen is a chef's dream, featuring quartz countertops, stainless steel appliances, ample cabinetry, and a convenient breakfast bar for casual dining.
This home includes a luxurious master suite with two walk-in closets, an en-suite bathroom with a jetted bathtub, and a primary retreat with a two-sided fireplace. The three updated bathrooms feature recently updated counters, new fixtures, and finishes, ensuring both style and functionality.
The beautifully landscaped backyard offers a perfect retreat with views of the golf course, lush greenery, and abundant birds and wildlife. Situated in a highly sought-after neighborhood, this home is conveniently located near top-rated schools, shopping centers, dining options, and recreational facilities. Easy access to major highways makes commuting a breeze.
Additional amenities include a three-car tandem garage, a recently installed/leased solar system with a backup battery, an upstairs loft area, a downstairs office, a cozy fireplace in the family room, and a separate laundry room for added convenience. This home is perfect for those looking for a comfortable and stylish living space in a friendly and vibrant community.
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| Mar 23, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by Realty ONE Group Southwest | $500,000 | |
| Listed by Realty ONE Group Southwest | |||
| Apr 20, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017