55 Avignon Avenue
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 1, 2021 | In contract | - | |
| In contract | |||
| Mar 23, 2021 | Listed | $824,900 | |
| Listed | |||
| | |||
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Beautifully updated home located on a prime cul-de-sac street features newer tan carpeting, tile flooring in entry, family room, downstairs half bath & kitchen. The open & light kitchen is highlighted by white cabinets, updated hardware, stainless appliances, stove venting microwave, recessed can lighting & spacious pantry. The newer Noritz tankless water heater helps save on utility bills. The living room & formal dining room have vaulted two story ceilings & large windows that bring in plenty of light. The entire home has newer dual pane windows with white blinds in most rooms & a newer dual pane slider also. Three bedrooms have ceiling fans/lights, the office has laminate wood look flooring. All 3 bathrooms have updated cabinets, lighting & mirrors, two have dual flush eco toilets, laminate wood look flooring & the Master has dual sinks & a walk-in closet that is double hung. There are sprinklers front & rear, all on timers. The rear yard is large enough for a pool plus the kids side yard is a perfect spot for the kids toys, a swing set or even a fort & there's a large patio deck. Views from the private rear yard are picture perfect for enjoying wonderful sunsets. Surrounded by open hill side spaces, great areas for hiking & biking in nearby Whiting Ranch Wilderness Park. All that Lake Forest has to offer is close by, Blue Ribbon elementary school, shopping, dining & theaters. Just minutes away from the 241 Toll road & freeway access. This won't last long, better hurry! The manager has listed the unit size as 1662 square feet.
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| Aug 1, 2019 | Sold | ||
| Sold | |||
| Apr 29, 2019 | Listed by Coldwell Banker Res. Brokerage | $719,900 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017