31951 Quartz Lane
About This Property
The home also boosts newer dual pane doors and windows,newer laminate floors, updated Primary bath with newer vanity, shower andseparate tub. Perfect for entertaining, home sharing, and downsizing or to starta family. It's close proximity to the city makes it an excellent hideaway forthose working from home. The community has a large Pool, Spa/Hot Tub, Barbecue and OutdoorCooking Area, Picnic Area, Gym/Exercise room, Club House, Billiard Room,Recreation Room, RV/Boat Parking area, 24 hour security and water is includedin the monthly fee. Castaic Lake is only a short stroll from the house where youwill find all the fun for everyone in the family. There is Fishing, Paddle boarding,Non-Motorized Boating, Hiking, Children's Play area, Picnicking, and if that is still not enough, you can takea short drive and go to Magic Mountain for a day of thrilling rides or visitwonderful shopping center for dining, shopping, movies and other entertainment.Close proximity to the 5 freeway cuts down on the travel time to alldirections. Would love to show you around.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $529,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017