1640 Corte Orchidia
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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 9, 2022 | Sold | ||
| Sold | |||
| Jul 5, 2022 | Listed by Coldwell Banker Realty | $1,680,000 | |
| Listed by Coldwell Banker Realty | |||
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Opportunity to live in this charming neighborhood and call this inviting single story home! Greeted as you arrive with a quaint front yard and open living areas welcome you as you enter the front door. Abundance of natural light from the windows. A large spacious kitchen with white cabinets and granite counters and an oversized island with seating for 5. Large pantry and functional office built-in adjacent to kitchen. Secluded and lush backyard with mature landscaping and patio perfect for entertaining. Near top rated Aviara schools and convenient access to the beach and 5 freeway. This home has been beautifully maintained and cared for! Additional features include plantation shutters, crown molding, fireplace in family room and oversized 2 car garage. Slider off kitchen opens to separate patio perfect for morning solitude, afternoon grilling or outside dining. Spacious master on-suite with large door leading to backyard. Laundry room includes sink, counter space and storage. New vertical blinds and security Screens on three patio sliding doors. Pull down stairs entry to garage attic. Newer air conditioner, furnace, hot water heater. Recirculating pump on hot water heater. Freshly painted rooms. New flooring in family room, living room and kitchen. Whole house attic fan. Custom closets in 3 bedrooms and office.
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| Aug 31, 2018 | Sold | ||
| Sold | |||
| Jul 12, 2018 | Listed by First Team Real Estate | $1,049,000 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017