4047 Millagra Drive
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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%.
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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.
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 |
|---|---|---|---|
| Apr 3, 2023 | Sold | ||
| Sold | |||
| Jan 12, 2023 | Listed by Professional Realty Services | $1,350,000 | |
| Listed by Professional Realty Services | |||
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Picture yourself living in this Elegant, Single Story, Custom home in the Gated Community of Tecolote Oaks. Note the landscaping with unique plants and trees creatively designed with thoughtful consideration for water conservation and low maintenance. Opening the double doors, the foyer greets you with high ceilings, stunning crown molding, 18” travertine flooring and entry to the formal living room and dining room on one side and an office on the other. This home is an artful, tranquil, private oasis for living and entertaining. The kitchen has warm cherry wood cabinets, high end appliances, a 7’ granite island , and walk in pantry. The cherry cabinetry continues through the eating area and into the large adjoining family room that accesses the deck. The east side of the home looks out on ninety-five feet of Trex deck, overlooking ancient oaks and protected space giving the feel of a private paradise and an entertainer’s dream with built in gas grill and bar. The master bedroom continues the luxury including a slider to step out on the deck and a recently upgraded master bath that is straight out of a spa with a free standing tub with one touch heating, a view, separate walk-in shower, dual sinks, two walk in closets and a massive dressing area with vanity. There are two additional ensuite bedrooms. This home must be experienced in person as there are too many features to list. The two enormous fireplaces, the custom built-ins, the stunning views from every room, the arches, wide hallways, crown molding, eight-inch base molding, the 18” travertine throughout, 3-car garage with built in cabinetry, an attic, and storage galore. The spacious grounds make this home one of a kind with paths and sitting areas, mountain and hill views, and the beauty of nature in a tranquil setting. You are steps from the Pala Mesa Golf Resort with fine dining, and the 15 Freeway is moments away. This is the home you have been waiting for!
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| Sep 2, 2014 | Sold | ||
| Sold | |||
| Apr 16, 2014 | Listed by Weichert, Realtors - M & M | $859,000 | |
| Listed by Weichert, Realtors - M & M | |||
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About San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017