37720 Spring Valley Road
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 |
|---|---|---|---|
| Feb 13, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $665,000 | |
| Listed | |||
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Custom Built view home in Tucalota Valley. Upon entering the home you can look across the great room to the exceptional views outside. There is a wide covered patio across the entire rear of the home. Perfect for setting outside and enjoying the breeze and the wide open view. Rear of home faces south west, so our traditional Temecula valley breeze can blow directly into your home. Kitchen is set up for cooking with a beautiful stove featuring water above the stove so you don't have to carry large pots of water from the sink to the stove. There is a large eat around Island and plenty of counter space around the kitchen. Home features handicap width hallways and wheel chair accessible shower in master. All doors are wide and there is an additional bathroom large enough for a wheel chair. The property has a well. Ask for a drink while your there, very good. There are 3 5,000 gal holding tanks. 2 of the tanks are for fire protection and the 3rd tank is for all residential use. There is plenty of room on the 5 acres to do what ever you might enjoy. Road maintenance agreement in place with other owners in the area. The manager has listed the unit size as 3435 square feet.
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| Jul 3, 2019 | Listed by Thomas Real Estate | $665,000 | |
| Listed by Thomas Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017