1050 Monte Verde Drive
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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Listed by eXp Realty of California, Inc. | $2,050,000 | |
| Listed by eXp Realty of California, Inc. | |||
| Sep 19, 2017 | Sold | ||
| Sold | |||
| Jun 19, 2017 | Listed by Coldwell Banker Realty | $1,498,888 | |
| Listed by Coldwell Banker Realty | |||
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Well-maintained Ranch, located in Arcadias sought-after Lower Rancho neighborhood. Set on a commanding corner lot shaded by mature pine, magnolia and maple trees, this home was custom-built by a contractor as his personal family residence. Quality materials abound with soaring high-beamed ceilings as well as Craftsman-inspired built-in cabinets and bookcases throughout. Period touches include exposed oak floors, original bathroom light fixtures and tile, raised-panel doors, and large wood windows.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017