1507 Mariposa Drive
About This Property
The grand entry welcomes you with a custom Dutch glass door, leading into an expansive open-concept floor plan. A spacious family room with a classic wood-burning brick fireplace flows seamlessly into the designer kitchen, appointed with quartz countertops, breakfast bar, white Shaker cabinetry with soft-close features, lazy Susan, stainless steel sink, and a premium suite of stainless steel appliances-including refrigerator.
Retreat to the primary suite with plush new carpeting, a large walk-in closet, and a spa-inspired bath with quartz counters, custom cabinetry, and a frameless glass shower. Two additional bedrooms, equally spacious, complete the home's private quarters.
Additional highlights include wood-look plank tile flooring, new interior and exterior paint, dual-pane windows, tankless water heater, recessed LED lighting, modern baseboards, and a convenient indoor laundry room. The backyard offers tranquility with a 25-year-old blue jacaranda tree and a charming brick patio-perfect for private gatherings.
With no HOA, low taxes, and a prime location minutes from shopping, golf, and less than 2 miles to commuter train station, this is the Corona Hills home you've been waiting for. Just Move In!
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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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Dec 11, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Price Decreased |
$749,900
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Sep 24, 2025 | Listed by Keller Williams Realty | $759,900 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017