44329 Marcelina Court
About This Property
Discover this desirable end unit nestled in a serene cul-de-sac within the sought-after Morgan Hill neighborhood. This stunning residence boasts two well-appointed bedrooms on the main level, one of which is currently configured as an elegant office space.
The living area seamlessly flows into a spacious kitchen, featuring a central island, pantry, and an abundance of cabinetry, making it perfect for both entertaining and everyday living. The home is characterized by its bright and airy ambiance, enhanced by ample natural light throughout.
The upstairs master suite presents picturesque views of the surrounding hills and greenbelt, complemented by a generously sized closet and a luxurious master bathroom adorned with designer-selected marble finishes. Two additional secondary bedrooms conveniently share a beautifully appointed bathroom.
The property also includes a dedicated study area adjacent to a sizable laundry room for added convenience. Located at the end of a quiet cul-de-sac, this residence offers the rarity of no rear neighbors and is serviced by the highly regarded Great Oak High School.
This turnkey home combines comfort, style, and an unbeatable location - a true gem waiting to be yours!
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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 |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by ERA Donahoe Realty | $875,000 | |
| Listed by ERA Donahoe Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017