5 Marseille Way
About This Property
As you enter, you are greeted by a bright, spacious open-concept layout that invites an abundance of natural light. The vaulted living room, featuring soaring ceilings, seamlessly flows into a formal dining area, perfect for entertaining or family gatherings. The gourmet kitchen boasts sleek quartz countertops, stainless steel appliances, ample cabinetry, and a cozy breakfast nook overlooking the beautifully landscaped backyard. Whether you're preparing a casual meal or hosting a dinner party, this kitchen will surely be the heart of the home.
Upstairs, the primary suite is a tranquil retreat with vaulted ceilings, a separate office or nursery space, a large walk-in closet, and an en-suite bathroom complete with dual vanities, a soaking tub, and a separate shower. Three additional generously sized bedrooms offer versatility for family, guests, or exercise room, and the full secondary bathroom with double vanity is conveniently located nearby.
Outside, the property features a backyard, ideal for outdoor entertaining or simply enjoying the California weather. The three-car garage provides plenty of parking for your vehicles or storage for your belongings.
Situated in the prestigious Foothill Ranch community, this home offers easy access to top-rated schools, parks, shopping centers, and major highways. Don't miss this opportunity to make this beautiful home your own.
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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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Listed by Regency Real Estate Brokers | $1,450,000 | |
| Listed by Regency Real Estate Brokers | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017