494 Olazabal Drive
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%.
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 |
|---|---|---|---|
| Aug 22, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $369,000 | |
| Listed | |||
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THIS CHAMPIONSHIP ONE MODEL HOME IS LOCATED IN 55+ FOUR SEASONS COMMUNITY SURROUNDED BY HEMET GOLF COURSE AND HILLS FULLY GATED WITH 24/7 SECURITY. HOME OFFERS 2 BEDROOMS PLUS DEN/OFFICE. LARGE MASTERBEDROOM SUITE THIS PROPERTY OFFERS MANY AMENITIES, CUSTOME LEADED GLASS WINDOWS IN LIVING ROOM AND DINING ROOM,OUTSTANDING WOOD LAMINATE FLOORING THROUGHOUT, CUSTOME FIREPLACE IN LIVING ROOM WITHBUILT IN BENCHES, WOOD SHUTTERS, LARGE SPACIOUS FAMILY ROOM, KITCHEN WITH BUTLERS PANTRY. LARGE INSIDE LAUNDRY ROOM. BACK YARD HAS FOUNTAIN AND FIREPLACE LOVELY VIEW OF GOLF COURSE. LARGE 2 CAR PLUS GOLF CART GARAGE...MAKE THIS A MUST SEE...Four Seasons many amenities include large lodge complete with Bistro, movie theater, library, computer room, billiard room, craft room, ballroom, exercise room, beauty shop. Outside is large pool and spa, barbeque area, tennis courts, bocce ball, and shuffleboard plus many activities for the active senior.The manager has listed the unit size as 2264 square feet.
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| Jun 22, 2017 | Listed by Vogler Feigen Realty | $369,000 | |
| Listed by Vogler Feigen Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017