38022 Encanto Road
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | Listed by Trillion Real Estate | $640,000 | |
| Listed by Trillion Real Estate | |||
| Apr 8, 2022 | No longer available | - | |
| No longer available | |||
| Mar 23, 2022 | In contract | - | |
| In contract | |||
| Mar 7, 2022 | Listed by Keller Williams Realty- YL/ AH | $625,000 | |
| Listed by Keller Williams Realty- YL/ AH | |||
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Welcome to your gorgeous Villages of Avalon Home located in an extremely quiet and desirable cul-de-sac only minutes away from the Perris Fairgrounds and freeway entrance! This beautifully designed home features an open and modern floor plan with no expense spared in the complete remodel! This home features brand new stainless steel appliances, 18 foot high vaulted ceilings in the entry way, new 100% waterproof vinyl flooring, new fixtures throughout the home and so much more! This 2,887 square foot home boasts an incredible 5 bedrooms and 3 full baths on a 7,000 SQ FT Lot with PLENTY of room for family, storage, office, or school space for the kiddos. As you enter the home, you will be greeted by the expansive formal living and dining rooms leading to the beautifully done staircase. As you continue to the kitchen you will find all LED recessed lighting and the open living room with gas or wood burning fireplace. The completely customized kitchen offers plenty of countertop and cabinet space for any and all of your needs making entertaining during family gatherings effortless. You will find beautifully refinished shower and bath enclosures in the all 3 bathrooms and not 1 but TWO walk-in closets located in the master bathroom along with a stand up shower AND soaking jacuzzi tub. The front and backyards are perfectly manicured making outdoor entertaining for large gatherings a breeze! The manager has listed the unit size as 2180 square feet.
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About Rancho Bella Vista
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$3,249 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017