79803 Carmel Valley 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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Jan 23, 2023 | Listed by Indian Springs Real Estate | $829,900 | |
| Listed by Indian Springs Real Estate | |||
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Now taking back-ups! Sale is subject to buyer selling their home. Experience the good life in this stunning 4-bedroom, 3-bathroom home, boasting 2,716 sq ft on a spacious 11,000 sq ft lot! Enter through double doors into a bright great room featuring vaulted ceilings, built-ins, and a cozy gas fireplace. The gourmet kitchen is equipped with slab granite, breakfast bar, 5-burner cooktop, built-in microwave, double ovens, and a walk-in pantry. Perfect for entertaining, the expansive resort-style backyard offers outdoor living spaces shaded by extended patio covers, a built-in BBQ, a large PebbleTec pool/spa, a concrete picnic bench, and putting green, and a side yard walking path surrounded by beautiful landscaping and mountain view. The large primary suite includes a built-in desk, a window seat, and a luxurious dual vanity bathroom featuring a jetted tub, walk-in shower, and a large walk-in closet. Upgrades throughout the home include tile flooring in living areas, carpet in bedrooms, granite countertops in the bathrooms, and ceiling fans in every room. Indian Springs is popular community for locals and vacation homes offering great food & golf, desirable schools, and reasonable HOA fees covering front yard landscaping, cable TV, internet, and access to two residents' clubs with heated pools, hot tubs and fitness centers! You will love this home and love living at Indian Springs! Furnishings are not included.
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| May 13, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017