575 Anderson Road
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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Mar 19, 2024 | Listed by Coldwell Banker West | $850,000 | |
| Listed by Coldwell Banker West | |||
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Built by the original owner and first time on the market! Discover your own slice of paradise in gorgeous Alpine with this charming 1-bedroom, 1-bath plus loft home situated on over 2.5 acres of picturesque fully fenced land.Boasting approximately 1,628 square feet of the main home's vintage charm, this home is a true gem. Dual-pane windows, skylights and sliding glass doors flood the interior with natural light. Skylights showcase the redwood ceilings and rustic beams with dome architecture. On a clear day take in the sweeping views of the mountains ,Catalina Island, downtown San Diego, and the Coronado Bridge. Eco-friendly living is at its best here with solar-heated hot water in the main house, providing both cost savings and environmental benefits. The spacious layout seamlessly connects indoor and outdoor living, making it perfect for relaxation and entertaining. This property has multiple level options for additional building possibilities. Above the detached garage adds potential for an ADU or multifamily living. Additional features included; covered RV parking with a dump station and full hookups, two car detached carport, two car detached garage with additional storage room, possible craft room and additional unfinished spaces ready for you to make your own.Mature fruit trees surround the property—including apple, orange, lemon, fig, and grape vines with drip irrigation and pond. In addition, a 16x40 solar heated lap with depths ranging from 3 to 5 feet with spa. Large deck with wind barrier and outdoor bathroom allows plenty of area for entertaining ,grilling, lounging while taking in all of the natural beauty. Adding to its appeal, the property is bordered by protected forest land, ensuring no future development will disrupt your serene surroundings. Embrace the serene Southern California landscape and make this unique home yours, where every day promises beauty and tranquility.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017