37361 Stellarview Avenue
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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Jul 26, 2025 | Price Decreased |
$699,000
↓ $11K
(1.6%) | |
| Price Decreased | |||
| Jul 22, 2025 | Price Decreased |
$710,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Jul 10, 2025 | Listed by Team Forss Realty Group | $730,000 | |
| Listed by Team Forss Realty Group | |||
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This home qualifies for a $20,000 grant which can be used for down payment and/or closing costs! Incredible opportunity to own this move-in ready home with 5 bedrooms, 3 baths, attached 2 car garage, and water saving ?? sod in sought after Murrieta location. The front entry way has a delightful half walled patio overlooking the green, shady front yard. This exceptionally light and bright home has a spacious living and dining combo which leads to the family room and kitchen. There is also a private bedroom and bathroom downstairs for family and guests. The upper level sports 4 additional bedrooms, one which is converted from the loft space into an oversized room. The master sports a tray ceiling as well as a walk in closet with a barn door and a separate bathtub and shower. The back yard with a shade canopy and a spacious corner lot yard with drought tolerant plantings and artificial sod is perfect for relaxing and entertaining. The home is located in the desirable Monte Vista Elementary school district. With no HOA a lower taxes this home offers an opportunity for anyone looking to take advantage of the $20,000 grant.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017