1555 Corte Olivas
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 |
|---|---|---|---|
| Sep 5, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | Listed by eXp Realty of California Inc | $1,199,900 | |
| Listed by eXp Realty of California Inc | |||
| | |||
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Located on a quiet cul-de-sac close to parks, schools, and shopping. This gorgeous Spanish style home welcomes you into a private courtyard with Mediterranean landscaping, large fountain, and lounging deck off sliding door of bonus detached Studio/Office.High ceilings and crown molding throughout home with tile floors except for bedrooms and living room recently carpeted. Large living - dining room has windows and slider to view tropical pool area with gazebo outdoor living space. The Great room encompasses family room and kitchen with all stainless appliances, island with sink and bar seating, lots of cabinet space with some roll-out shelves, and beautiful wood onlay applique around gas fireplace and framing built-in entertainment center. Smart home controls including internet connected thermostat and pool/spa controller. Conveniently located on the first floor is a bedroom and a full bathroom with shower. Stairway leads into an expansive loft that connects dual sink bathroom and the three bedrooms. The primary suite half of 2nd floor has custom plantation shutters, arched hallway with mirror-door closets (one walk-in) on either side that leads to ensuite bathroom with vanities on either side, walk-in shower, and oversized tub.Relax in backyard by pool and spa surrounded by palms, flowering giant bird of paradise, banana trees, hibiscus, four different types of citrus trees, and a wall of fragrant jasmine. Side yard has paver deck great for grilling. Two-car garage has built-in storage cabinets, workbench and a 1 car detached garage. Laundry room with cabinets is adjacent to kitchen.
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| Sep 29, 2018 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Price Decreased |
$809,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Aug 25, 2018 | Price Decreased |
$829,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017