2131 Corte Plata Espuela
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 |
|---|---|---|---|
| Mar 9, 2024 | No longer available | - | |
| No longer available | |||
| Feb 13, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Listed by Keller Williams Realty La Mesa | $1,695,000 | |
| Listed by Keller Williams Realty La Mesa | |||
| | |||
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ABSOLUTELY GORGEOUS SINGLE STORY ESTATE IN RANCHO PALO VERDE AND THIS ONE IS LOADED, INCLUDING 5 BEDROOMS, 3.5 BATHS, 4400 SQ FT, VAULTED EXPOSED WOOD CEILINGS, LARGE FAMILY ROOM WITH FIREPLACE, LOTS OF WINDOWS, VERY LIGHT AND BRIGHT, AWESOME IN KITCHEN WITH GRANITE COUNTERS AND STAINLESS APPLIANCES, SPACIOUS GUEST BEDROOMS, HUGE PRIMARY BEDROOM WITH RETREAT AREA THAT HAS A FIREPLACE AND IT'S OWN PATIO, PRIMARY BATH HAS A DUAL VANITY, SEPARATE TUB, WALK IN TILED SHOWER AND WALK IN CLOSET WITH ORGANIZERS, RESORT STYLE BACKYARD ON 2 ACRES THAT INCLUDES A POOL WITH SWIM UP BAR, JACUZZI, WATER FEATURES, PALAPA, PUTTING GREEN, WELL FOR LANDSCAPING, 3 CAR GARAGE, LONG PRIVATE CIRCULAR DRIVEWAY, VIEWS AND MUCH MORE. HOA AMMENITIES INCLUDE GATED ENTRANCE WITH ATTENDANT, HORSE FACILITIES AND TRAILS, TENNIS COURTS, GYM, CLUBHOUSE, BEACH AREA, PRIVATE LAKE FOR FISHING, SWIMMING AND BOATING The manager has listed the unit size as 4400 square feet.
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| Jul 1, 2023 | No longer available | - | |
| No longer available | |||
| Jun 24, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017