5043 Avocado Park Lane
About This Property
The oversized primary suite is a true retreat, featuring a spa-like bathroom with a separate shower, soaking tub, and double vanities. Two generously sized closets provide ample storage, while the bonus retreat room offers additional space for relaxation or a private office. Step out onto your private balcony to enjoy peaceful views of your surroundings.
Upstairs, the landing area offers built-in cabinets and a desk, perfect for a home office or study space. Outside, the fully fenced yard is ideal for entertaining or relaxing, with an above-ground jacuzzi for year-round enjoyment. The home also features a tandem three-car garage, providing ample parking and storage space.
Located on a quiet cul-de-sac, this home is part of a community that offers an array of amenities, including scenic walking trails, a tranquil lake, tennis courts, and a community center with a pool and spa. Experience the best of Fallbrook living in this exceptional home!
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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 |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by Benchmark Properties | $799,000 | |
| Listed by Benchmark Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017