31718 Olive Tree Court
About This Property
This lovely home is situated in the highly desirable French Valley area in the Silver Oaks community of Winchester. It features 3 spacious bedrooms (plus an additional office/craft room), 2 full baths, a lovely living and dining area, a cozy family room with fireplace, and an open kitchen with upgraded tile backsplash, and plenty of cooking and cupboard space!
The property offers a low maintenance front and private back yard with custom hardscaping, water resistant turf (a putting green for any golf lovers), built in BBQ island, a beautiful pool & spa, and a side yard that's perfect for storing your RV, Toy Hauler or use for extra storage space.
It has new paint, carpet and is centrally located close to schools, lakes, shopping, entertainment, mountains, beaches, and offers LOW HOA & TAXES! Come by...this home is definitely a must see!
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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 7, 2021 | No longer available | - | |
| No longer available | |||
| Jul 24, 2021 | In contract | - | |
| In contract | |||
| Jul 20, 2021 | Price Decreased |
$575,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Jul 9, 2021 | Listed by Allison James Estates & Homes | $600,000 | |
| Listed by Allison James Estates & Homes | |||
| | |||
|
Welcome Home to this Beautiful Silver Oaks Single Story Pool home that checks all the boxes!! The manager has listed the unit size as 1727 square feet.
| |||
| May 6, 2020 | Sold | ||
| Sold | |||
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About Dutch Village South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017