5127 Costa Rustico
About This Property
What is so great about the floor plan of the Plan 3 Ridgemore model is the flexibility to make this home yours. Builder options galore, of which the sellers opted for a 4th bedroom upstairs vs a loft - and the 3rd car garage can easily be converted to a 5th bedroom or an office or gym! (Your agent has access to photos of other homes in the neighborhood that opted for the 5th bedroom.)
Awaiting you inside is a wonderful living space, including separate formal living and dining rooms. The family room, which is adjacent to the chef's kitchen, features a cozy fireplace and in-ceiling speakers to enjoy the latest movies and sports! One will find 2 full bathrooms, one half bath downstairs, and a very generous primary suite with plantation shutters, island style soaking tub with elegant marble, a separate shower, dual vanities, a large walk-in closet, and a view deck. Wow! And, to keep energy bills low, the home is outfitted with a SunRun solar system. Complete info. available.
Being SoCal, the Forster Highlands association offers an Olympic size swimming pool, a relaxing jacuzzi spa, and a community clubhouse. Close by are multiple sports fields, tennis courts, neighborhood parks, and not far is world-class shopping and entertainment, the ocean, boating and more! Plus, Dana Point and San Diego are not that far away, leading to more food, entertainment, and shopping options! The Capistrano district features award winning schools. The HOA fees are low and there are no Mello Roos bonds. Make it a priority to schedule a tour of this wonderful home!
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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 14, 2025 | Sold | ||
| Sold | |||
| Dec 2, 2024 | Listed by Coldwell Banker Realty | $1,550,000 | |
| Listed by Coldwell Banker Realty | |||
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About Forster Ranch
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$6,700 /mo
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$7,000 /mo
- 5 Beds
- 4 Baths
- 2,888 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017