12100 Portobella DR
About This Property
Recent renovations, including a brand-new roof and fully remodeled luxury bathrooms, enhance the home's appeal and functionality. The updated chef's kitchen, featuring high-end Bosch appliances and quartz countertops, provides a modern touch to the expansive living space. Additionally, the primary bedroom on the main floor and dedicated office on the main floor add convenience and flexibility to the layout.
The well-thought-out floor plan offers multiple living areas, high ceilings, crown molding, and hardwood flooring, combining elegance with practicality. The private backyard oasis with mature trees, covered patio, and spacious deck extends the living space outdoors, perfect for entertaining or relaxation.
Convenience is key with this home's prime location within walking distance to amenities such as restaurants, a gym, retail, and an elementary school. Easy access to major thoroughfares and community amenities like pools, playgrounds, and hiking trails further enhance its appeal.
Overall, this home offers a rare combination of size, luxury, functionality, and convenience that stands apart within the vibrant Steiner Ranch neighborhood, presenting an ideal retreat for discerning buyers.
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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 |
|---|---|---|---|
| May 24, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Price Decreased |
$1,055,000
↓ $40K
(3.7%) | |
| Price Decreased | |||
| Mar 27, 2024 | Price Decreased |
$1,095,000
↓ $30K
(2.7%) | |
| Price Decreased | |||
| Mar 14, 2024 | Listed by Local Color Realty Group | $1,125,000 | |
| Listed by Local Color Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017