507 Mission Bell CV
About This Property
Upon entry soaring vaulted ceilings & a wall of windows capture stunning views of the rolling hills. A modern fireplace with herringbone tile creates a warm atmosphere, complemented by brand-new wood floors throughout. Spacious main-level primary suite is a serene retreat, featuring a spa-inspired bathroom w/double-sink vanity, gold-framed mirrors, sconces, walk-in shower w/dramatic floor to ceiling tile design, integrated freestanding soaking tub, & large walk-in closet w/custom built-ins.
The open-concept kitchen is perfect for entertaining, with marble-look quartz counters, farmhouse sink, 6-burner gas cooktop, double ovens, microwave drawer & seamless cabinet front built-in 42 in refrigerator. Designer two-tone cabinetry, a butler's pantry w/beverage fridge, & recessed lighting add modern elegance. Kitchen flows seamlessly to a covered patio w/built-in Coyote grill, overlooking a flat, private yard with Hill Country views.
Additional features include a versatile main-level flex room, spacious laundry room w/chic designer details, mudroom w/built-in desk, & 3-car garage. Striking white stucco exterior, gray-accented garage doors, & metal roof are framed by mature landscaping, magnolia trees, crepe myrtles, banana tree & rose bushes. Located on a quiet cul-de-sac, this property offers privacy while only minutes from highways, Hill Country Galleria, & highly-rated Serene Hills Elem (9/10-Greatschools).
*Buyer to independently verify all info including but not limited to sqft, lot size, hoa dues, restrictions, taxes, schools, etc. Professionally edited photos. Greatschools.org ratings subject to change. Sqft per appraiser. Lot size per tax record. Wood not replaced in primary closet.
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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 |
|---|---|---|---|
| Jan 29, 2025 | Relisted | $1,349,900 | |
| Relisted | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Listed by The Leaders Realty, LLC | $1,349,900 | |
| Listed by The Leaders Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017