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1002 Alta Cresta
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Listed by HomeSmart | $879,000 | |
| Listed by HomeSmart | |||
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This is a spectacular floor plan with all the bells and whistles. Large 4 BD, 3 BA PLUS bonus room either casita or bedroom with closet which opens to inside and out. Bathrooms were recently updated. Home has Solar lease (low payment) , AC is 3 years old. Backyard has mountain views, large salt water pool, patio cover with misters, gazebo with Fire pit, BBQ, Outdoor shower, RV Parking with hookups., pavers and patio cover, and shuffleboard. Other upgrades include speakers inside and out, nest thermostat, large kitchen with raised bar, new stainless steel appliances, pantry, fireplace, ceiling fans, tile floors, inside separate laundry room with newer washer and dryer. Community has tennis courts, basketball court, 3 pools and spas, walking trails, playground, built in BBQ, roving security and social club. Located just off Palm Canyon, a short drive to dining, shopping, entertainment and PS Tram.
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| Nov 2, 2018 | Sold | ||
| Sold | |||
| Oct 12, 2018 | Listed by HomeSmart | $489,000 | |
| Listed by HomeSmart | |||
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About Mountain Gate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017