48600 Capistrano Way
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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 |
|---|---|---|---|
| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Jan 17, 2022 | In contract | - | |
| In contract | |||
| Jan 15, 2022 | Listed by Yazel and Associates | $1,250,000 | |
| Listed by Yazel and Associates | |||
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VIEWS VIEWS VIEWS Fantastic Southern views of the golf course and mountains from this beautiful elevated wide lot that allows for a great side yard- all opening up to the magnificent views from the house and the Patio that has a beautiful Pebble-Tec pool and spa, and a built in BBQ. Great open floor plan that has great space utilization. Very well maintained with many upgrades- like stainless steel Kitchen appliances replaced less than three years ago,kitchen granite counter, baseboards & crown molding, upgraded thermostats, epoxy floors and built in cabinets in the garage. In the 8 months the present owners have been there (they are moving to another RLQ home) they have replaced the A/C's and furnaces with upgraded variable speed heat pumps, painted the interior of the home and added many other significant improvements too numerous to mention here. (an extensive list is available when viewing the home, or can be sent. RLQCC has great amenities- such as 9 tennis courts, 8 new pickleball courts, state of the art fitness center, great Club House, large Resort like swimming pool & 8 other satellite pools, high speed internet, upgraded cable, trash pickup, front yard landscape maintenance, roving security patrol and more-all included in the HOA fees except for the two golf courses and world class golf practice areas.Most important- Really nice friendly neighbors and staff! This is a Happy Place! The manager has listed the unit size as 2270 square feet.
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| May 18, 2021 | Sold | ||
| Sold | |||
| Apr 14, 2021 | Listed by Bennion Deville Homes | $799,000 | |
| Listed by Bennion Deville Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017