3993 Concordia Lane
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 |
|---|---|---|---|
| Sep 4, 2019 | Sold | ||
| Sold | |||
| Feb 1, 2019 | Listed by UpCountri Homes & Estates | $925,000 | |
| Listed by UpCountri Homes & Estates | |||
| | |||
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Sited on 1.7 acres in the Burma Road area of Fallbrook, this is a grand Tuscan style estate featuring expansive hardscaped garden areas. The developed grounds offer tremendous potential to create a magical environment for gracious living - and if you desire - impressive entertaining. There are two outdoor pavilions for parties or quiet relaxation. The main home is 3 bedrooms and 3 baths, plus there is an attached, private entrance 1 bedroom and 1 bathroom guest suite (similar to a guest house or casita) with its own kitchen suitable for visitors, as an in-law suite or for live-in aids or caretakers. The main home features an absolutely stunning gourmet kitchen with built-in Sub Zero refrigerator, Thermodor oven with six burner cooktop and separate griddle, pot filler, wine cooler, and more. Adjacent to the kitchen is the great room with vaulted wood beam ceiling, fireplace and wine bar. The large master suite includes an elegant sitting area with fireplace, ensuite bath, jetted spa tub, dual vanities, multi-jet walk-in shower (built with solid slab stone), and a very large walk-in closet. Other features: two garages (each with two car capacity), retractable patio cover, potential RV storage, gated front entry and circular driveway, inlaid wood coffered ceiling, and more.
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| Feb 28, 2014 | Sold | ||
| Sold | |||
| Dec 4, 2013 | Listed by Keller Williams Realty | $899,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017