85 Panorama
About This Property
Great-room style family room with beautiful built-ins and fireplace adjacent to a gourmet kitchen with breakfast nook, stainless steel appliances, granite countertops, breakfast bar, chef's desk, and walk-in pantry. Spacious master suite features sitting area, luxurious bathroom, dual vanities, spa tub, separate shower, and 2 customized walk-in closets. Situated on a nearly 23,000 square foot professionally landscape lot, complete with a beautiful separate cover patio area and gorgeous outdoor fireplace, large salt water spa with waterfalls, built in BBQ and bar, numerous seating areas, spacious side yards and plenty of beautiful lush mature trees. Other features include: pristine stone and hardwood flooring, crown molding, plantation shutters and ceiling fans throughout, home office/bedroom and full bath with separate entry door and 4 car garage. Don't miss this amazing and unique single story home.
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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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by HomeSmart, Evergreen Realty | $3,450,000 | |
| Listed by HomeSmart, Evergreen Realty | |||
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Nestled in the scenic hills of Coto de Caza, this extraordinary single-story 5-bedroom, 4.5-bath home offers 3,810 sqft of luxurious living space on a sprawling 23,400 sqft corner lot in the prestigious Pinnacle neighborhood. Entering through a grand gated courtyard with stately wood and leaded-glass double doors, you're greeted by an impressive foyer leading to a formal dining room and elegant living room. The home’s refined elegance is accentuated by soaring ceilings and an expansive, open floor plan. The family room, designed in a great-room style with custom built-ins and a second fireplace, seamlessly connects to the gourmet kitchen. A chef's dream, the kitchen features a breakfast nook, granite countertops, spacious breakfast bar, built-in desk, and a generous walk-in pantry. The primary suite serves as a private retreat, offering a cozy sitting area, two custom walk-in closets, and a recently remodeled spa-like ensuite bathroom with dual vanities and a marble-clad shower. Recent updates include new windows, shutters, and a full remodel of the primary bathroom. Throughout, you’ll find high-end finishes like stone and hardwood flooring, crown molding, and plantation shutters, enhancing the home’s overall charm. Additional updates include a new water heater and a Life Source water system for enhanced comfort. The office, complete with a remodeled bathroom and private entrance, offers a versatile space perfect for a home business or guest quarters. Modern updates elevate the home's efficiency and sustainability, including a fully owned solar installation by Echo Force. Step outside into a private backyard oasis, where an upgraded BBQ area with a "Lions" grill and a newly renovated spool with a tranquil waterfall create the perfect setting for outdoor entertaining. The exterior has been meticulously maintained, with fresh paint on the home and pavilion, including wrought iron accents. The professionally designed landscaping features decorative rock, 13 fruit-bearing trees, and a variety of rose bushes, creating a serene outdoor environment. Living in this exclusive community grants access to world-class amenities, including award-winning golf courses, equestrian facilities, a state-of-the-art gym, fine dining, parks, pools, tennis courts, and 24-hour guarded gate security. This home perfectly blends luxury, privacy, and convenience in one of Orange County's most sought-after neighborhoods.
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| Aug 15, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017