37215 Avenida La Cresta
About This Property
A few steps away, the inviting guest house provides around 500 square feet of privacy and comfort, complete with a kitchenette, bath, separate driveway, and private yard-ideal for hosting visitors or generating rental income. Outside, unwind by the sparkling pool amidst lush gardens, or stroll to the custom-built barn, designed for equestrian enthusiasts. The barn features three stalls, a tack room, and a large roll-up door. Horses will thrive in the shaded pastures, while you relax beneath the fruit trees or by the wishing well. With panoramic views of La Cresta and a vibrant orchard, this property offers a peaceful sanctuary that feels worlds away from it all.
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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 |
|---|---|---|---|
| Oct 7, 2025 | Listed | $1,574,999 | |
| Listed | |||
| | |||
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Price Decreased |
$1,484,000
↓ $15K
(1%) | |
| Price Decreased | |||
| Nov 29, 2024 | Price Decreased |
$1,498,999
↓ $1
(0%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017