44584 Ristow Court
About This Property
Upon entering, you're greeted by an expansive formal living and dining room that seamlessly connects to a butler's pantry, offering convenient access to the gourmet kitchen. The kitchen boasts a large central island, casual dining nook, and ample cabinet space, all flowing into the open-concept great room, complete with a cozy fireplace.
The primary suite is a true retreat, offering more than enough room for a complete bedroom set and a comfortable seating area. With direct access to the serene backyard, this suite also features a luxurious bathroom with dual vanities, a large jacuzzi soaking tub, a spacious shower, and a walk-in closet with custom organizers and dual access points.
Each of the additional bedrooms includes its own en-suite bathroom, providing convenience and privacy for family members and guests alike. A dedicated office can easily be converted into a fourth bedroom if needed, and a powder bath serves your guests.
Additional highlights include fresh interior paint throughout, new carpet, plantation shutters, a fully paid-for solar system, and a 3-car garage. The backyard is a garden lover's paradise, with walking paths, raised planter beds, and a large built-in fountain. The mature trees and corner location offer complete privacy, with room to add a pool if desired.
Morgan Hill residents enjoy access to a private 3-acre community center, complete with swimming pools, a spa, tennis courts, a fitness center, game rooms, and outdoor lounge areas. This wine-country-inspired master-planned community is ideally located in the Temecula Valley, close to top-rated schools, shopping, entertainment, and world-class golf courses. Don't miss your chance to own in this prime location!
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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 9, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by VALLEY HOMES AND ESTATES | $999,000 | |
| Listed by VALLEY HOMES AND ESTATES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017