579 Pheasant Valley Court
About This Property
This custom build house features lofted ceilings throughout and other features such as built-in cabinets, beautiful wood finished ceilings, stone fireplace surround, wet bar, jacuzzi tub, large laundry room and closets and a huge, extended garage. The master bedroom features wood finished lofted ceilings, cozy fireplace and a new, spacious walk-in shower. The seller has recently replaced all windows and doors in 2022 ($68k total expense) with high end custom panel doors in the entry, dining and living areas that take advantage of the great So-Cal weather when opened. Matching sliders in the foyer and master bedroom and all windows new. The complete exterior was painted in 2023/2024 and new rain gutters 2023. The tile roof was installed 2016. The property features an in-ground pool and a large private lot with plenty of space for an ADU, RV garage or other structures.
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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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by Mike A. Vergini, Real Estate Broker | $959,900 | |
| Listed by Mike A. Vergini, Real Estate Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017