1977 Kornat Drive
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 |
|---|---|---|---|
| Aug 6, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | Listed by Casa Real Estate | $2,600,000 | |
| Listed by Casa Real Estate | |||
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2024 | In contract | - | |
| In contract | |||
| Oct 19, 2024 | Listed by The DeBlis Group, Inc | $1,499,000 | |
| Listed by The DeBlis Group, Inc | |||
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Tremendous opportunity for this Mesa Verde retreat! This mid-century is a rare find, set on a sprawling lot with lush, manicured lawns in one of the neighborhood’s most sought-after spots. Step through the embellished front doors, and you’re welcomed into a space that feels like home the moment you arrive. What makes this gem stand out? The living room is a sunlit haven, anchored by a cozy fireplace that invites relaxation. Just beyond, the dining room opens to the backyard through sliding glass doors, creating a seamless flow between indoor and outdoor living—perfect for morning coffee or starlit dinners. And the kitchen? A showcase of style and function. European-inspired with sleek cabinetry, durable countertops, and a breakfast bar ready for casual meals or entertaining guests. It opens effortlessly into the family room, where built-in shelves create a cozy corner for hosting lively conversations. Need versatility? The main floor offers a bedroom and full bath—ideal for guests or a home office. Upstairs, the primary suite is your private retreat, complete with an en-suite bath. Two more bright, airy bedrooms and a full bath complete the upstairs, offering comfort and light. As for updates? Fresh paint, new carpet, a brand-new roof, and updated windows and doors—this home is ready for your imagination to make it your own. And the location? Unbeatable. Minutes from South Coast Plaza, fine dining, and pristine beaches. Low taxes, no mello roos—every Orange County highlight right at your fingertips. Opportunities like this are rare. Ready to make this dream a reality? Schedule your tour today before someone else claims it.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017