40923 Newton Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Jun 16, 2024 | No longer available | - | |
| No longer available | |||
| Jun 6, 2024 | Price Decreased |
$1,550,000
↓ $49K
(3.1%) | |
| Price Decreased | |||
| May 22, 2024 | Price Decreased |
$1,599,000
↓ $100K
(5.9%) | |
| Price Decreased | |||
| May 9, 2024 | Listed by Allison James Homes & Estates | $1,699,000 | |
| Listed by Allison James Homes & Estates | |||
| | |||
|
NEVER BEFORE ON THE MARKET! Luxurious Newer Custom Pool Home on Vintner’s-Row in Temecula Wine Country! Ultra-convenient location benefits from the best of both worlds; surrounded by miles of epic vineyards and some of the finest restaurants/wineries in the region, yet only a few minutes to grocery stores and city life. Built on 2.19 usable acres, this prize possession was painstakingly crafted with a gorgeous Santa Barbara smooth-finished stucco. The interior boasts soaring ceilings throughout and custom details such as gorgeous Carrera Marble and natural Quartzite countertops, high-end Viking/Bosch/Sub-Zero appliances, ROHL Shaw Farmhouse Sink, distressed wide-plank Hardwood floors, glass/crystal door knobs, on-trend lighting and fixtures, cozy stacked stone fireplace, abundant storage, and so much more! Enjoy the amazing SoCal weather outside in the Saltwater pool with automatic pool cover or sip wine on one of the many patios and lounge areas. The lush grounds include extensive irrigation and underground rainwater distribution system, a fenced-in vegetable garden, +/-35 fruit and olive trees, and room for more…Casita? Sport court? Vineyard?...use your imagination! The oversized 3-car garage features epoxy floors and tons of built-in storage and was designed with a possible car lift in mind. Included are the paid-for 18 solar panels and 2 Tesla Powerwall battery back-ups. Indoor/outdoor furnishings, tractor, work vehicles and implements are all available for purchase separately. Don’t miss this opportunity! The manager has listed the unit size as 1969 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017