29831 Platanus
About This Property
Step inside to soaring two story ceilings and expansive windows that flood the open concept living room with natural light, creating a bright and inviting atmosphere. Thoughtful updates and modern finishes are found throughout the home. The spacious kitchen flows seamlessly into the living and dining areas, creating the perfect setting for everyday living and effortless entertaining.
Upstairs, the generous primary suite offers a peaceful retreat featuring a spa inspired en suite bathroom with a beautifully updated walk in shower and a custom walk in closet complete with LED lit built ins for exceptional style and organization.
Step outside to a private backyard designed for both entertaining and everyday enjoyment. A converted Tuff Shed, currently used as a home office, offers a versatile bonus space ideal for remote work, a creative studio, or a quiet retreat. Open the doors, settle in, and enjoy unobstructed views of the surrounding hillsides with no rear neighbors interrupting the scenery.
Residents of Treasures at Castle Creek enjoy a gated community with amenities including a community pool, spa, tennis courts, playground, and gated access, all with a low HOA. Conveniently located with easy access to I 15, local golf courses, hiking trails, and the boutique wineries of Escondido's Highland Valley, this home offers the perfect blend of privacy, convenience, and lifestyle.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017