531 Moonlight Dr
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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 |
|---|---|---|---|
| Apr 4, 2024 | No longer available | - | |
| No longer available | |||
| Feb 17, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Relisted | $899,000 | |
| Relisted | |||
| Feb 9, 2024 | In contract | - | |
| In contract | |||
| Feb 5, 2024 | Listed by ERA North Orange County Real Estate | $899,000 | |
| Listed by ERA North Orange County Real Estate | |||
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Welcome to this exquisite and bright residence in the sought-after Mission Grove community in San Marcos. This pristine home, just nine years new, offers a delightful blend of comfort and modern elegance, perfect for today's lifestyle.Featuring three bedrooms, 2.5 baths, and a versatile loft space that can serve as a fourth bedroom, game room, office, or additional family area, this home meets a variety of needs. Two of three spacious bedrooms includes a walk-in closet, ensuring ample storage space. The convenience of an upstairs laundry room adds to the thoughtful design.The heart of the home, the kitchen, boasts granite countertops, stainless steel appliances, and custom pendant lighting over the island bar, creating an ideal environment for culinary exploration. Laminate 'hardwood' flooring downstairs adds a touch of sophistication, while the OWNED 21-panel 7.7kW PV SOLAR system exemplifies modern living.Freshly painted in neutral tones, this immaculate and move-in-ready home also features a tankless water heater and raised panel doors. The private boutique yard, with no neighbors behind, offers a peaceful retreat.Located in a well-maintained community close to shopping and award-winning schools, including Richland Elementary School, Woodland Park Middle, and MHHS, this home provides both convenience and quality education options. The included washer, dryer, and fridge, along with low HOA dues, make this an even more attractive offering.Experience the joy of a stunning great room, high ceilings, and luxury flooring extending to a two-car garage. The home's second level reveals the loft and three spacious bedrooms, including a primary suite with a large walk-in closet and a regal master bathroom situated away from the other bedrooms.The Mission Grove Caprice & Setina community, known for its tranquil setting, includes a pool, grill area, and playground. Its proximity to CSUSM, Palomar College, parks, lakes, shops, and freeways adds to the appeal.Don't miss the opportunity to make this turnkey, solar-powered, and versatile home your own, set in the picturesque and spacious community of San Marcos. This is where dreams turn into reality! The manager has listed the unit size as 2000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017