1214 Portillo Drive
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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 |
|---|---|---|---|
| Apr 27, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Price Decreased |
$794,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Jan 22, 2026 | Price Decreased |
$799,000
↓ $91K
(10.2%) | |
| Price Decreased | |||
| Nov 10, 2025 | Listed by RE/MAX LAKESIDE | $890,000 | |
| Listed by RE/MAX LAKESIDE | |||
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** Custom Mountain Retreat — Lake Close, Trail Ready, & Totally Private **. ..Tucked at the end of a quiet cul-de-sac, this stunning custom mountain home offers the perfect blend of comfort, privacy, and adventure. Set on a ½-acre forested lot with a fenced yard, this property is your own private escape just minutes from the lake and scenic mountain trails. ~ step inside to an open floor plan filled with natural light — featuring a remodeled kitchen, 2-story vaulted ceilings, wood floors, and a heating fireplace that anchors the great room. ~ The upper level is a true master retreat, complete with a private deck, fireplace, soothing views, and a spa-inspired bath featuring a stone shower — your own mountain sanctuary. ~ Enjoy outdoor living year-round with multiple decks — a main-level BBQ & dining deck off the living room with tree-top views, plus secluded lower decks for quiet relaxation or entertaining under the pines. ~ A newly completed studio with separate entrance and parking adds flexibility for guests, remote work, or creative pursuits. An additional outdoor unfinished room offers space for a craft room, workshop, or kids’ hangout. ~ Ownership includes full rights to the pristine waters of the private lake — perfect for swimming, kayaking, paddleboarding, and other water sports. ~ Deep-water Dock by the Marina park for an extra $160k is #NSM3-4 by beach, marina, park & restrooms. Home comes with all public utilities , EV charger and high-speed internet, you’ll enjoy modern convenience without sacrificing mountain serenity. ~ Private. Peaceful. Perfectly located....Come experience mountain living the way it was meant to be.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017