30306 Bowsprit Way
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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 |
|---|---|---|---|
| Aug 2, 2019 | Sold | ||
| Sold | |||
| Jun 28, 2019 | Listed by Allison James Estates & Homes | $379,900 | |
| Listed by Allison James Estates & Homes | |||
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Beautiful turnkey 3 bedroom, 2.5 bath home located in the very desirable The Lakes community. You walk up to a very inviting porch and then open the front door and walk into a home that has high ceilings, an open floor plan and lots of light. The family room has a cozy fireplace and opens into the family kitchen. Go outside and you will find a huge, private backyard that is definitely a pool size lot. You only have one neighbor on the side and no one behind you. Back inside you go upstairs to find a large master bedroom and ensuite complete with separate tub and shower, his and her sinks and walk-in closet. Linen cabinet in the hallway. Two more good sized bedrooms and another large bathroom. The laundry room is upstairs and it has a hookup for a gas/electric dryer. It has plenty of storage space as well. Two car garage with direct access into the home. The air conditioner is less than a year old. Ceiling fans in all the bedrooms and in the family room. The seller recently put LED lights throughout. They also have leased solar which makes for very low electric bills. They currently pay $107.00 per month. Carpets and tile were just professionally cleaned throughtout the entire home. Living in this beautifiul gated community allows you access to the fantastic Bay Club: 2 incredible pools. 2 water slides, a splash park, spa, exercise room etc. You can fish or go kayaking on the lakes. You can walk to the club. Menifee Countryside Market is minutes away.
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| Sep 19, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $349,900 | |
| Listed | |||
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TURN-KEY GEM IN GATED COMMUNITY! Boasting a fabulous corner lot location, open floor plan with 2-story living room ceilings and plenty of natural sunlight, this is the one you have been waiting for in the highly sought after community of The Lakes! Cooking is a pleasure in the well appointed kitchen featuring island w/breakfast bar seating, granite counter tops & pantry. A spacious family room w/fireplace is right off the kitchen in addition to a slider to the backyard, making entertaining a breeze! The large backyard is the perfect place to relax. Community amenities abound & include lakes, walking trails, parks, club house, pool, and even a water park. Don't miss this one! The manager has listed the unit size as 1910 square feet.
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| Aug 11, 2017 | Listed by Redfin Corporation | $349,900 | |
| Listed by Redfin Corporation | |||
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About Menifee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017