32928 Brookseed Drive
About This Property
The backyard is built for entertaining with a spa including a waterfall and fire feature, and a full Lynx outdoor kitchen with 2 islands-which have a high-capacity BBQ, warming drawer, burners, ice maker, sink, refrigerator, and beverage station. Two patios, multiple seating areas, planters, and low-maintenance landscaping complete the outdoor oasis.
Upstairs, the primary suite enjoys a private covered view deck, while an additional bedroom offers a second view deck with glass railings. The residents of Trabuco Highlands enjoy access to a community pool, spa, park, tennis courts, basketball court, playground, and award-winning local schools, with nearby access to hiking trails. The shopping, restaurants, and lifestyle of Rancho Santa Margarita are right down the hill for your enjoyment. This is truly a rare opportunity to own one of the community's most private and view-rich homes.
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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 |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Jan 7, 2026 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Listed by Pacific Sotheby's Int'l Realty | $1,825,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Jul 26, 2023 | No longer available | - | |
| No longer available | |||
| Jun 22, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017