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1401 Corte Rapallo
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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Dec 1, 2025 | Listed | $975,000 | |
| Listed | |||
| | |||
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Nestled in a highly sought after neighborhood with top rated schools, this beautifully updated home combines elegance, comfort, and functionality. Situated on approximately 1/4 acre of fully usable land, the expansive, private backyard offers endless opportunities for outdoor living, entertaining, or even adding a future pool or an Adu. Inside, you’ll find a light filled floor plan with soaring cathedral ceilings that create an airy, open feel. The newly renovated chef’s kitchen boasts premium stainless steel appliances. Italian quartz countertops, large format marble counters, and flows seamlessly into the inviting family room perfect for everyday living and entertaining. Upstairs, luxury vinyl plank flooring leads you to a serene primary suite featuring a spacious walk in closet and a spa inspired bath with a dual vanity and custom walk in shower. Additional highlights include porcelain tile downstairs, ceramic wood look tile, and a fully fenced backyard ideal for gatherings.The homes offers RV parking with Double door so you can safely store your toys. Conveniently located near upscale shopping, dining, and with easy freeway access, this home is truly move in ready. Come see it today.
| |||
| Nov 5, 2025 | Price Increased |
$975,000
↑ $26K
(2.7%) | |
| Price Increased | |||
| Aug 12, 2025 | Listed by eXp Realty of California, Inc | $949,000 | |
| Listed by eXp Realty of California, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017