29870 Adara Lane
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 |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Dec 16, 2024 | Listed by Century 21 Masters | $759,000 | |
| Listed by Century 21 Masters | |||
| | |||
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Stunning Former Model Home in North Star Ranch – A True Gem!
Step into luxury with this exceptional former model home, perfectly situated in the serene and sought-after North Star Ranch community. This property combines elegance and functionality, offering a lifestyle of comfort and sophistication.
Features You'll Fall in Love With:
* Dramatic Living Room: Soaring high ceilings create an open and inviting space, perfect for entertaining or relaxing in style.
* Gourmet Kitchen: A chef’s dream featuring granite countertops, a full backsplash, a spacious butler’s pantry with a wine fridge, and ample storage.
* Cozy Family Room: Gather around the charming fireplace, ideal for creating lasting memories with family and friends.
* Elegant Formal Dining Room: Perfect for hosting dinner parties or holiday gatherings.
* Luxury Finishes: Custom paint, crown molding, plush carpet, and tile floors throughout add a touch of elegance to every corner of the home.
* Spacious Bonus Room: Enjoy a versatile bonus room with two sets of doors leading to a scenic view balcony, ideal for an office, playroom, or relaxation retreat.
* Extra-Large Garage: Designed for functionality with epoxy floors, custom shelving, and professional-grade shop lighting installed in the ceiling.
* Modern Security: Brand new alarm system, easily controlled via iPhone, iPad, or iPod for convenience and peace of mind.
* Prime Location: Nestled on a quiet cul-de-sac, offering privacy and tranquility for your family.
This home is a true showstopper with thoughtful design and premium upgrades throughout. Whether you’re entertaining guests or enjoying peaceful evenings at home, this property offers the perfect backdrop for your lifestyle.
Schedule your private tour today and make this dream home yours!
Disclaimer: Photos are digital staging
| |||
| Dec 9, 2013 | Sold | ||
| Sold | |||
| Aug 2, 2013 | Listed by Arman Freeman Real Estate | $414,000 | |
| Listed by Arman Freeman Real Estate | |||
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About Murrieta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017