1845 Cortez Avenue
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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 |
|---|---|---|---|
| Jun 10, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Listed by LPT Realty | $959,900 | |
| Listed by LPT Realty | |||
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SO MANY EXTRAS!!! Welcome to 1845 Cortez Avenue in the old Escondido Country Club community. This lovely single level home features 3 bedrooms two are ensuite (could be dual master), one has gorgeous fireplace and sitting area, 2083 SF on .26 acres with a two car attached garage, sparkling pool/jacuzzi, Fully Paid Solar for the home and passive solar for the pool along with beautiful views. Inside the Living room with fireplace / dining room combo have good space for gatherings, the kitchen features breakfast nook area and additional space for office or later expansion of the kitchen. Wait!!! There is more: Two bonus rooms attached to the back of the home create a space for California living both are enclosed and could be a great area for game room, play area, office and so much more (They are both enclosed with windows). New Carpeting and new paint, New water main line, New electric panel installed and newer dual pane vinyl windows. Exterior rooms are not permitted.
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| Nov 15, 2022 | Sold | ||
| Sold | |||
| Sep 21, 2022 | Listed by HomeSmart Realty West | $819,000 | |
| Listed by HomeSmart Realty West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017