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5597 Forked Horn Place
About This Property
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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 24, 2024 | No longer available | - | |
| No longer available | |||
| Mar 24, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Sereno | $899,000 | |
| Listed by Sereno | |||
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This property is a delightful retreat nestled in the heart of Paso wine country, offering a serene escape from the hustle and bustle of city life. With three bedrooms and two and a half bathrooms, it sits gracefully on an acre of land, providing ample space for relaxation and enjoyment.
The floor plan of the home is thoughtfully designed to be light, bright, and open, enhancing the sense of spaciousness and airiness. Vaulted ceilings add an elegant touch, while a cozy fireplace invites warmth and comfort on cooler evenings. The master bedroom is a haven of tranquility, boasting generous dimensions and featuring an oversized master shower and a separate soaking tub, perfect for unwinding after a long day.
Outside, the property offers a usable yard, allowing residents to fully embrace outdoor living. With an abundance of fruit trees including table grapes, walnuts, cherries, persimmons, nectarines, apricots, apples, and plums, residents can enjoy fresh produce right from their own backyard.
Furthermore, the home is equipped with solar panels that are owned outright, covering the entire electric bill and offering both environmental and financial benefits.In summary, this property embodies the essence of country living, offering a peaceful retreat with modern amenities and abundant natural beauty. Whether relaxing indoors or enjoying the outdoors, residents are sure to find solace and contentment in this charming Paso wine country home. The manager has listed the unit size as 2050 square feet.
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| May 3, 2019 | Sold | ||
| Sold | |||
| Jan 8, 2019 | Listed by RE/MAX Parkside Real Estate | $569,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017