45591 Sandia Creek Drive
About This Property
Large Vineyard Pool Estate on 5 gentle fully fenced acres, plus an additional 1,800 sqft outbuilding. The almost 4,800 sqft 2 story residence has 5 bdrms 3.5 baths. 2 bdrms 1 bath on main floor, 3 bdrm 2.5 bath on second floor. The 1,800 sqft outbuilding can be configured to antique auto garage, workshop, storage, guest house or RV barn. Current configuration is a 4-stall barn with separate tack room & hay storage. The residence features chef's kitchen with granite counter tops, stainless steel appliances, 3 wood burning fireplaces & 2 separate staircases leading to the 2nd floor. Laundry room, mud room with outside entrance. Huge second story game room / library with French doors opening on to a large veranda with panoramic views of the vineyard & groves beyond. Large wrap around covered deck. Master suite with sitting room, Formal dining room, formal living room, 3 car attached garage. The Vineyard varieties include Premium Petite Verdot & Premium Cabernet Franc. Other property amenities include: pool with jacuzzi, gazebo, children's playground with jungle gym, horseshoe pit. The 5-acre corner lot has 3 gated entrances & borders on Sandia Creek & Via Vaquero. Seller relocating due to work transfer, motivated, bring all offers.
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 |
|---|---|---|---|
| Apr 18, 2019 | Sold | ||
| Sold | |||
| Jan 10, 2019 | Listed by Rawson & Associates | $929,000 | |
| Listed by Rawson & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017