38855 Bella Vista Road
About This Property
Inside, a grand iron door opens to a sweeping staircase and luxury vinyl plank flooring throughout. The main house features five spacious bedrooms, two private offices, and an open-concept layout ideal for entertaining. The kitchen boasts quartz countertops, an oversized island, Sub-Zero fridge, and a Mercury 48" induction oven. A wet bar and large dining area enhance the experience, while a main-floor guest suite offers privacy for visitors.
Upstairs, the primary suite offers a fireplace, French doors to a balcony, and a spa-inspired bathroom with marble counters and soaking tub. The guest house features a stylish kitchen, stacked stone fireplace, great room, and sliding glass doors that open to the pool. Outdoors, enjoy a resort-style pool and spa, fruit orchard, garden beds, solar system, generator, and panoramic views-just minutes from top wineries.
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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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Price Decreased |
$2,499,999
↓ $250K
(9.1%) | |
| Price Decreased | |||
| May 5, 2025 | Listed by Hearthstone Homes | $2,750,000 | |
| Listed by Hearthstone Homes | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017