29950 Cactus Place
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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 21, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | Listed by Harcourts Prime Properties | $655,000 | |
| Listed by Harcourts Prime Properties | |||
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Step into tranquility with this delightful, single-story home nestled on a peaceful cul de sac in the charming and sought-after community of Lake Village. Boasting four spacious bedrooms and two well-appointed bathrooms, this home is everything you've been looking for and is designed with an open layout. The inviting living room is accented with a cozy gas fireplace and energy-efficient windows, showering every corner with abundant natural light. The kitchen is equipped with stainless steel appliances, plenty of cabinets, and quartz countertops to include a long countertop height seating area. The master suite is roomy and offers a comfortable en-suite bathroom. Additional bedrooms are generously sized, promising comfort for everyone. Featuring a whole house fan, there's no need to worry about high electricity bills during hot summer days. Step outside to a beautifully zero-scaped, low-maintenance front yard, providing savings on water and utilities. Enjoy a large private backyard, perfect for relaxation, graced with mature trees and a covered patio with a mounted television. Residents of Cactus Place have the benefit of premium amenities, including a community pool, two lakes for fishing and boating, playgrounds, picnic grounds, hiking paths, tennis, paddle ball, and basketball courts, plus a spacious clubhouse with wildlife habitat club events. Just minutes away from Temecula Wine Country, Old Town, The Promenade Mall, restaurants, shopping centers, and top-rated schools. LOW HOA! LOW TAXES! NEWLY PAINTED INTERIOR!
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| Jun 16, 2020 | Sold | ||
| Sold | |||
| Apr 24, 2020 | Listed by Redfin Corporation | $444,000 | |
| Listed by Redfin Corporation | |||
| Aug 14, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017