35555 Palomares Rd
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 |
|---|---|---|---|
| Aug 5, 2024 | Listed by Legacy Real Estate & Assoc. | $1,750,000 | |
| Listed by Legacy Real Estate & Assoc. | |||
| Dec 31, 2023 | No longer available | - | |
| No longer available | |||
| Nov 17, 2023 | Relisted | $1,899,000 | |
| Relisted | |||
| Nov 14, 2023 | In contract | - | |
| In contract | |||
| Oct 19, 2023 | Listed by Legacy Real Estate & Associates | $1,899,000 | |
| Listed by Legacy Real Estate & Associates | |||
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An ABSOLUTE MASTERPIECE in Palomares Canyon with BREATHTAKING VIEWS! This ONE-OF-A-KIND Gated Multi-Generational Estate is COMPLETELY UPDATED! Situated comfortably on 2.26 acres, this home boasts in-law quarters with separate entrance, 3 covered stalls for horses/livestock, & plenty of additional space to build upon. The moment you enter the home, you're greeted by a vast and spacious open-concept floor plan that is extremely warm & inviting. Some of the NEW luxury finishes include… Kitchen with quartz counters, oversized island with waterfall tops, designer tile backsplash, shaker-style cabinets, & stainless steel appliances * Bathrooms with Italian tile, rain shower heads, backlit mirrors with anti-fog & smart touch, matte black hardware & trim * Waterproof laminate floors * Recessed LED lighting * Dual pane windows * Air conditioning * & SO MUCH MORE. The expansive deck is an ideal place to relax & enjoy the tranquil views of the canyon & its wildlife. A COMPLETELY SEPARATE 1 bed/1 bath downstairs unit is perfect for multi-generational living, out-of-town guests, or rental income. Located in the Top-Rated Castro Valley School District & near highways 580/680, downtown Castro Valley, Sunol, & Pleasanton.This one is not a MUST SEE, this is a MUST HAVE! The manager has listed the unit size as 2494 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017