83305 Lightning 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 |
|---|---|---|---|
| Dec 7, 2023 | No longer available | - | |
| No longer available | |||
| Oct 5, 2023 | In contract | - | |
| In contract | |||
| Jul 20, 2023 | Listed by Berkshire Hathaway HomeServices California Properties | $634,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Welcome to the highly sought-after community of Shadow Ranch, where this marvelous home eagerly awaits your arrival. Boasting 4 bedrooms, 4 bathrooms, and a charming casita, this property offers all the amenities you deserve. An entertainer's dream, this home delights with luxurious features. Embrace the cozy warmth of its fireplace during winter and revel in the refreshing allure of the inviting pool during summer. The spacious kitchen island and delightful breakfast nook set the stage for culinary delights. The elegant den, currently serving as a spacious private dining area, features elegant French doors, allowing it to effortlessly transform into your ideal office space. Whether hosting gatherings or embracing productive work, this home caters to your every desire with seamless grace. Adorned with beautiful Travertine tile throughout, the home exudes a touch of timeless elegance. The casita offers versatility, with its bedroom, living space, private entrance, and en-suite bathroom. Tailor it to your liking or effortlessly convert into a 5th bedroom. Recent upgrades include French doors, plantation shutters, modern light fixtures, and ceiling fans. This gorgeous property is conveniently situated within a mile of the freeway, shops, restaurants, golf courses, and casinos. Make this masterpiece yours today and immerse yourself in the epitome of refined Desert Living. Don't miss the opportunity to experience the heights of luxury and comfort in this exceptional abode. The manager has listed the unit size as 2749 square feet.
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| Sep 30, 2016 | Sold | ||
| Sold | |||
| Apr 7, 2016 | Listed by Gallery Marketing Group, Inc. | $375,900 | |
| Listed by Gallery Marketing Group, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017