107 Corte Bella
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 |
|---|---|---|---|
| Oct 1, 2021 | Sold | ||
| Sold | |||
| Aug 16, 2021 | Listed by Keller Williams Luxury Homes | $525,000 | |
| Listed by Keller Williams Luxury Homes | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 20, 2020 | Listed | $389,999 | |
| Listed | |||
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This home is located in the beautiful gated community of Merano. Merano delivers an immeasurable sense of elegance and an unparalleled home buying value. This exclusive neighborhood offers 126 individual detached Mediterranean style homes. This property has been tremendously upgraded with a gated courtyard entry with brick pavers, a wrap around backyard with an unobstructed view, sparkling swimming pool for your enjoyment and outdoor entertainment, stainless steel appliances, European white oak hard waxed oil finish hardwood floors through out the home, ceiling fans, all the kitchen and bath fixtures in the home have been replaced with brushed nickel finish faucets/fixtures. All the cabinets in kitchen have been re-faced with shaker style white cabinet fronts and hardware with granite slab counters, bathrooms have quartz counter tops, vessel sinks, all wood plantation shutters throughout the home, vaulted ceilings, this home is light and airy and shows like a model home. This home is a great permanent residence or for snowbird. The manager has listed the unit size as 1325 square feet.
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| Nov 16, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017