3538 Lancewood Way
About This Property
Custom arched doorway leads from the formal living area to the relaxing family room that welcomes the outdoors in. Upgraded stacked stoned fireplace is perfect for those cozy evenings. Top of the line stainless steel appliances with a center island cook top makes this a chef's delight kitchen. Spacious master bedroom features an extra sitting area with built in cabinetry while the opulent master bath has a deep soaking tub, separate glass shower and Travertine and Granite accents. Crown moldings, ceilings fans, custom landscape lighting, custom garage doors, fruit trees, Casita with full bath, kitchenette with microwave, Solar for both pool, spa and house (pool solar paid for, house solar on lease for buyer to assume) and so much more!
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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 |
|---|---|---|---|
| May 11, 2017 | Sold | ||
| Sold | |||
| Feb 9, 2017 | Listed by Windermere Homes & Estates | $999,747 | |
| Listed by Windermere Homes & Estates | |||
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Enjoy spectacular panoramic mountain and valley views from this stunning Sycamore Ranch Estate Home! Detached Casita for guests that will never want to leave plus RV pkg! Located on the 8th hole of The Golf Club of CA, this entertainer’s dream home features a saltwater pool, spa, outdoor covered kitchen w/TV, fire pit, pavers front & back, artificial turf plus sweeping views. Custom wrought iron & glass double door entry provides a grand welcome. Solar for pool & home...must read supplement for more! Neighborhoods: Sycamore Ranch Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL Guest House Est. SQFT: 325
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About San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017