38705 Aliso Road
About This Property
Original home completely rebuilt with expansion in 2014. Home features 2650 square feet. This home offers a large open floorplan with 3 bedrooms 2.5 baths. Interior finishes include custom cabinetry, stainless steel appliances, wood and tile flooring, large kitchen island with fireplaces in the kitchen and living room. Master bedroom features view deck, laundry room, walk in closet and spectacular bathroom. 10' x 40' main floor view deck with automatic sun shade along with back patio, spa, BBQ, and 3 car attached garage. There is a paid for 10,000-watt solar system resulting in very low electric bills.
For the car enthusiast a 42' x 50' shop, perfect for RV storage with 16' ceilings, 8,000 lb. lift, private office and full bath. Shop is complete with cabinetry and air compressor with air lines plumbed in.
For the equestrian enthusiast, property offers 2.72 fully usable acres, 4 stall breezeway barn with hay, tack room and turn outs. Pasture is crossed fenced with 4 separate pastures
Community offers large arena, round pen, pool, kids' playground and volunteer fire department.
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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 |
|---|---|---|---|
| Jun 5, 2025 | Listed by Engel & Volkers Dana Point | $2,205,000 | |
| Listed by Engel & Volkers Dana Point | |||
| | |||
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Property sold off market. Inputted for comp purposes only : )
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| Nov 18, 2019 | Sold | ||
| Sold | |||
| Aug 13, 2019 | Listed by Coast to Coast Realty Group | $1,790,000 | |
| Listed by Coast to Coast Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017