43822 Butternut Dr
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%.
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | Listed by Harcourts Prime Properties | $739,999 | |
| Listed by Harcourts Prime Properties | |||
| Feb 6, 2024 | No longer available | - | |
| No longer available | |||
| Jan 12, 2024 | Price Decreased |
$749,999
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Dec 14, 2023 | Listed by eXp Realty of California, Inc. | $799,999 | |
| Listed by eXp Realty of California, Inc. | |||
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Highly Desirable Rancho Highlands residence featuring 4 bedrooms, 2.5 baths, and a loft. The kitchen is perfectly centered offering ease of access to the breakfast nook, formal dining and right into the Living Room. The family room is spacious with a fireplace and vaulted ceiling, complemented by a living room with a fireplace and vaulted ceiling, a dining room, loft, and a Breakfast Nook with French doors. The downstairs master suite offers a walk-in closet, vaulted ceiling an en suite bathroom. Vaulted ceilings grace the 3 upstairs bedrooms and an additional full bathroom. The home is enhanced with natural lighting and a large private yard perfect for hosting all of your favorite gatherings with friends and family. The property also includes a 3-car garage with plenty of driveway parking. The Rancho Highlands Community provides amenities such as a community pool, spa, 1-foot-deep pool, chaise lounge, eating area, basketball court, tennis court, picnic area, and walking paths. Conveniently located near the freeway, this home is ideal for commuters and is close to Old Town, shopping, Duck Pond, and just minutes away from Temecula's award-winning wineries! The manager has listed the unit size as 2564 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017