28223 — MLS photo

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28223

Active · Condominium

$960,000

28223

Beds
3
Baths
3
Living area
2,271 sq ft
$ / sq ft
$423/sq ft
Year built
1999
Lot size
—
HOA fee
$350 Monthly
Annual tax
$0

About this property

€960,000 EUR. Elegant 3 bedroom, 2.5 bath residence in the prestigious gated community of Prado de Somosaguas, Madrid. Offering 2,271 SF of living space, this bright and spacious home features a gracious entry hall, expansive living and dining room with fireplace, and access to a private terrace overlooking the beautifully landscaped grounds. The large south-facing kitchen includes a breakfast area and separate laundry room. The primary suite offers a walk-in closet and en-suite bath, while two additional bedrooms share a full bath. Includes 2 covered parking spaces and a large storage room. The community offers 24/7 security, pool, gardens, paddle and basketball courts, playground, clubhouse and dressing rooms. Located in one of Madrid’s most exclusive residential areas.

Property location

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28223

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,271 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Cooling
Central Air
Heating
Central, Gas
Interior features
Built In Features, Bedroom On Main Level, Closet Cabinetry

Exterior & Structure

Property type
Condominium
Year built
1999
Stories
4
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Association
View
Garden

Parking

Garage spaces
2
Covered spaces
2
Parking features
Two Or More Spaces

HOA, Community & Financials

Association fee
$350 Monthly
Fee inclusions
Amenities, Common Areas, Security
Amenities
Basketball Court, Clubhouse, Barbecue, Picnic Area, Playground, Pool, Tennis Courts, Trails, Elevators
Security
Complex Fenced, Lobby Secured, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$0
Subdivision
Prado de Somosaguas
County
Other
Days on market
186
MLS listing ID
A12000346
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$594

Cap rate
6.4%
Net yield
6.4%
Cash-on-cash return
2.7%
Gross yield
8.4%
Mortgage payment
$4,551/mo
Down payment
$240,000
Loan amount
$720,000
Annual NOI
$61,742

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.