1363 Corte Alveo
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%.
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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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | Listed by Compass | $1,150,000 | |
| Listed by Compass | |||
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Welcome home! Attached 1-bedroom, 1-bath ADU! This spacious, light and airy 4-bedroom, 3-bathroom home comes complete with an separate entrance ADU. This gorgeous residence is located in a family friendly cul-de-sac in the long established Loma Del Rio community. You'll enjoy tranquility and scenic views at home while also being under ten miles from the beach. The home has been completely updated and boasts high ceilings and fresh paint throughout. Guests can gather at the granite kitchen island in your open concept kitchen, and a walk-in pantry and extensive storage make this kitchen perfect for hosting. The first floor features a large living room, sizable family room, half bathroom and a generously-sized laundry room. Updated flooring leads you up the staircase to the four bedrooms. Upstairs, the full bathroom has been remodeled to give it a modern look and feel. The spacious primary bedroom boasts a dual-sided fireplace, updated walk in shower, dual vanity sinks, a soaking tub and a roomy walk-in closet. Open the sliding door to your balcony—just off the primary bedroom—where you can enjoy your morning coffee with a fresh breeze and mountain views. Outside, the front yard landscaping has been completely refreshed, with a dry river bed and an assortment of drought tolerant flora. The backyard is tastefully landscaped with banana trees surrounding a large covered patio—ideal for making alfresco memories. The ADU is over 500 square-feet and features a full bedroom and bathroom, living area and kitchenette with stone countertops. The ADU is ADA-accessible. A Must See!
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| Jun 3, 2024 | No longer available | - | |
| No longer available | |||
| Jun 2, 2024 | Relisted | $1,195,000 | |
| Relisted | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017