46420 Volare
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 9, 2024 | Sold | ||
| Sold | |||
| Jul 5, 2024 | Listed by Rawson & Associates | $1,299,900 | |
| Listed by Rawson & Associates | |||
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Welcome to your serene retreat in the exclusive De Luz area with NO HOA. This custom-built 4BR/3BA 4,393 square foot estate on 6.86 acres, set on expansive private grounds, offers stunning views and spacious living. While the property has immense potential, it does need some work. The estate features a private gate and a long driveway, ensuring privacy. Inside, you'll find charming oak-beamed ceilings, custom built-ins, and four wood-burning fireplaces. Floor-to-ceiling windows flood the home with natural light and offer beautiful views from every angle. The kitchen includes granite countertops, a designer stone backsplash, stainless steel appliances, and a dining area with direct access to the expansive backyard. A grand formal living room exudes sophistication, while the family room, with its stone-accented fireplace and panoramic windows, invites relaxation. Three spacious bedrooms on the main floor provide ease and comfort, with two sharing a Jack and Jill bathroom and one with a private ensuite. Upstairs, the primary retreat includes an office with captivating views, a bedroom with a marble-accented fireplace, a private balcony, and a spa-like bathroom with dual vanities. Functional extras include a large laundry/mudroom with a sink and ample storage, a spacious workshop/detached garage about 32x25, sports court and owned solar panels to keep energy costs low. This De Luz estate blends potential with privacy, offering beautiful views from every room. With some work, it can become your perfect retreat, just minutes away from Old Town and I-15, award-winning schools, wineries, shopping, dining, and entertainment in Temecula Valley. Embrace the opportunity to transform this property into your private paradise.
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| Aug 26, 2019 | Sold | ||
| Sold | |||
| May 3, 2019 | Listed by First Team Real Estate, Tem | $1,150,000 | |
| Listed by First Team Real Estate, Tem | |||
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DELUZ ESTATE W/ MILLION$ VIEWS! A privately gated entrance leads you up the driveway, past your spacious workshop, to your own custom-built private oasis! Walking into the grand entryway you will be welcomed by 2-story ceilings with the formal sitting room to your left offering wood beamed ceilings and a marble accented fireplace. The entertainers kitchen is appointed with granite countertops, a stone backsplash, SS appliances, a kitchen island with a built-in cooktop, an eat-up bar and opens to both the formal dining room and the family room which is highlighted by a stone accented fireplace a panoramic windows overlooking the lush backyard. The downstairs den offers a great area to enjoy all aspects of indoor/ outdoor entertaining on the property with French Door access to the front patio and sliding door access to the back patio. Stepping into the backyard you will be captivated by stunning views from the sparkling infinity edge pool and enamored with the park-like setting.The main floor additionally features an oversized laundry room, 3 spacious bedrooms, 2 with a shared jack and jill bathroom, and 1 with an ensuite bathroom. On the second floor, the master retreat offers an office with stunning views from every angle, the master bedroom with a marble accented fireplace, a large balcony with dual sliders and the master bathroom featuring his and her vanities, and a large walk-in closet.Conveniently located within minutes of the city, yet offering privacy and relaxation.
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| Apr 25, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017