886 Targa Ln
About This Property
Energy efficiency is a hallmark of this home, with a tankless water heater replaced in 2018, a new energy-efficient air conditioner installed approximately two years ago, and double-paned windows ensuring excellent insulation. The home is insulated throughout, resulting in remarkably low monthly utility costs. Additionally, a built-in sprinkler system adds a layer of safety and is favored by insurance companies.
There is NO HOA for the property.
The property's large lot is perfect for building an additional structure or ADU.
Step outside to the backyard, where you'll be greeted by stunning mountain views, providing a perfect backdrop for relaxation and enjoying nature. This home also has a unique charm, known affectionately as the "Bunny House" due to the friendly rabbits that have made the property their home for years.
Experience this exceptional home's perfect blend of comfort, efficiency, and charm. Don't miss your chance to own this beautiful property in Beaumont. Contact us today to schedule a viewing and learn more.
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Cap Rate Calculator
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 29, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | Price Decreased |
$495,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Sep 7, 2024 | Price Decreased |
$499,999
↓ $30K
(5.6%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017