2047 Corte Madeira
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 25, 2017 | Sold | ||
| Sold | |||
| Jul 7, 2017 | Listed by Pacific Sotheby's Int'l Realty | $849,900 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Stunning single story home privately located at the end of a cul de sac nestled on 2.15 usable acres w/beach entry pool, spa, outdoor fireplace, bbq island, vineyard, garden area, & lawn all with a well & solar. This 4 BR, 3.5 BA open floor plan features many upgrades throughout including gorgeous granite counters, stainless steel appliances, outdoor bath & more. Rancho Palo Verde is a gated community with private lake, clubhouse, gym, tennis courts,riding & hiking trails. This is a must see home! Neighborhoods: Rancho Palo Verde Complex Features: ,,,,,,,, Equipment: Dryer,Garage Door Opener,Pool/Spa/Equipment, Range/Oven, Washer Other Fees: 0 Sewer: Septic Installed Topography: LL
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| May 23, 2012 | Sold | ||
| Sold | |||
| Apr 2, 2012 | Listed by Pacific Preferred | $561,000 | |
| Listed by Pacific Preferred | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017