4718 Paseo Hermoso
About This Property
The gourmet kitchen impresses with quartz countertops and stainless steel appliances, including a refrigerator that remains with the home. Both the kitchen and bathrooms feature sleek quartz countertops, while a skylight in one of the bathrooms adds an extra touch of brightness and luxury. The living spaces are designed for relaxation, showcasing a cozy family room and a formal dining area that's perfect for gatherings.
The primary suite serves as a true retreat, offering a spa-like bathroom with a tub and shower combination, as well as a spacious walk-in closet.
Outside, you'll enjoy a private backyard oasis with a patio, ideal for outdoor living. Additionally, a three-car garage provides convenience and ample storage. This home is conveniently located near top-rated schools, shopping, and dining, offering the best of Palmdale living.
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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 |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by Berkshire Hathaway HomeServices Troth, Realtors | $539,000 | |
| Listed by Berkshire Hathaway HomeServices Troth, Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017