37646 Newcastle Road
About This Property
A private, large courtyard provides a safe and spacious area for kids to play or for family fun, while the backyard features its own covered patio, ideal for outdoor relaxation. With the added benefit of solar panels, this home is as energy-efficient as it is comfortable. Conveniently located near top-rated schools, shopping centers, and easy freeway access, this property is the perfect blend of practicality and charm, ready to welcome its next owners.
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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 |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | Listed by KW Temecula | $699,900 | |
| Listed by KW Temecula | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017