31011 Saddleback Road
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 22, 2020 | In contract | - | |
| In contract | |||
| Nov 30, 2020 | Listed | $769,000 | |
| Listed | |||
| | |||
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Private, quiet, perched on a hill w/ glorious southerly views. Beautiful 3+ BD, 2.5 BA 1-story home w/ 3-car garage. 24 panel solar system will be paid off in escrow. Outbuildings galore. Large workshop w/ double garage door. Arena, tack room, stalls and paddocks. Sellers have done wonderful job of using rolling topography for horse facilities. Fully irrigated, fully fenced and gated. Located at end of road in good location for riding. The manager has listed the unit size as 2529 square feet.
| |||
| May 24, 2013 | Sold | ||
| Sold | |||
| Feb 21, 2013 | Listed by Essential Real Estate Services | $584,000 | |
| Listed by Essential Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017