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8054 Armagosa
About This Property
This sought-after Rancho Valencia Plan 2 has been exquisitely transformed into a modern masterpiece with a fresh, light, and contemporary vibe. Completely remodeled within the last two years, this home boasts a brand-new kitchen and bathrooms, stunning new flooring, and updated lighting throughout, including recessed and designer fixtures. Every detail has been thoughtfully curated with upscale finishes to create a timeless and elegant aesthetic.
Step through the foyer into spacious formal living and dining rooms, perfect for entertaining. The heart of the home is the expansive island kitchen, outfitted with upgraded appliances, and seamlessly connected to the open-concept family room with a cozy fireplace. With four generously sized bedrooms, the layout ensures privacy for all, while the primary suite is a true retreat, featuring a lavishly updated bathroom and dual custom walk-in closets. A separate study and a large indoor laundry room add to the home's functionality.
Situated on a pool-sized, half-acre lot partially enclosed by a picturesque orange grove, the property offers both privacy and the delightful seasonal aroma of blossoms. The backyard is beautifully landscaped, complete with a covered patio and built-in barbecue, making it an entertainer's dream. This home is truly move-in ready and awaits its lucky new owners!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017