1940 Alta Vista
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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by Morgan Brown Real Estate, Inc | $1,199,900 | |
| Listed by Morgan Brown Real Estate, Inc | |||
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This expansive single-family home, nestled in a peaceful R1 residential neighborhood, offers everything you need for comfortable, multi-generational living, or the potential for additional rental income. With over 3,000 sqft of living space in the main home, there is plenty of room for a growing or multigenerational family, providing a total of 4 bedrooms, 3.5 baths. 2 bedrooms, 1 full bath in a separate casita gives an additional approximate 800sqft. buyer to verify. There is a 2 car garage with a 75 gallon water heater attached to the main home. Flag lot location provides ultimate privacy and safety, with plenty of space for children to play within a fully gated property, well away from the main road. Room to build your dream pool and create your own garden to grow food—ample space for both leisure and sustainability. Swim spa included, which stays with the property—perfect for relaxation, fitness, and fun year-round. The backyard has a built-in barbecue with a sink and mini fridge perfect for entertaining. The main home offers a spacious primary 2-floor suite with fireplace, featuring a newly designed primary closet, offering ample storage space. Primary bath with a separate tub and shower, and a room that could be used as an office, gym space, or yoga room located above the primary bedroom, with ocean views on clear days and stunning sunset you’ll love. The primary also has a half bath for comfort and ease downstairs. Off the primary, offers built in office space with 2 desk areas near the kitchen making it easy to watch the kids complete homework and manage screen time while cooking dinner. Plenty of space for a library or decor. On the other side of the living and kitchen area offers 3 spacious bedrooms and 2 full baths with tub and shower combinations and plenty of light coming through the windows as well as throughout the entire home. A 2-bedroom, one full bath (tub and shower combo) ADU provides the perfect opportunity for rental income or a private guest suite for family and friends. Separate entrance and ample parking offer privacy for both you and your possible tenants, with plenty of parking for RV, boats, and toys. Circular driveway creates entering and exiting the property with ease. Quiet, safe neighborhood—ideal for families and those seeking tranquility. This home is a rare find, combining private indoor and outdoor spaces to meet everyone's needs. Whether you’re looking for a family-friendly oasis, room to grow, or a place with potential for rental income, this property has it all! A fluid-applied roof was recently added to this home because it is applied as a liquid, it creates a monolithic (single-piece) membrane without seams, which are the most common points of failure and leaks in traditional roofing. Solar panels will be paid off! This home is competitively priced to reflect its exceptional value in today’s market, offering an excellent opportunity for buyers seeking space in a desirable neighborhood. Don’t miss out on this fantastic property!
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| May 31, 2017 | Sold | ||
| Sold | |||
| May 6, 2017 | Listed by Pacific Sotheby's Int'l Realty | $740,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017