4264 Castlepeak
About This Property
Step outside to your expansive California Room, which spans the entire back of the house. It offers the perfect outdoor living space, complete with fans, roll-down shades for comfort, and solar lights adding elegance to the exterior. Beyond, a gated pool and Jacuzzi provide a private oasis, with a newer pool filter and solar heating system ensuring year-round enjoyment. The pool is securely enclosed with a permanent gate for safety. The beautifully landscaped yard is accented with stone fencing, Malibu lighting, and upgraded pavers.
With 28 paid-off solar panels powering the home efficiently, two recently serviced air conditioning units, and a tandem three-car garage featuring epoxy flooring and central vacuum, this home offers modern conveniences and energy efficiency. The large side yard provides extra storage space, while the iron fencing enhances the spectacular views of the surrounding landscape.
Located in a phenomenal school district, with low HOA fees and low taxes. Close to the 15 and 91 freeways, Foothill Expressway, parks, hiking trails, and shopping.
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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 |
|---|---|---|---|
| Dec 17, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Relisted | $1,175,000 | |
| Relisted | |||
| Nov 22, 2024 | Price Decreased |
$1,125,000
↓ $50K
(4.3%) | |
| Price Decreased | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017