221 Strada Nova
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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%.
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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 |
|---|---|---|---|
| Feb 4, 2021 | Sold | ||
| Sold | |||
| Jan 2, 2021 | Listed by Windermere Homes & Estates | $435,000 | |
| Listed by Windermere Homes & Estates | |||
| Mar 4, 2015 | Sold | ||
| Sold | |||
| Jan 26, 2015 | Listed by Bennion Deville Homes | $335,000 | |
| Listed by Bennion Deville Homes | |||
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Merano is one of the Coachella valleys best kept secrets this gated community is located in the heart of the Coachella Valley and offers an immeasurable sense of elegance and unparalleled home buying value. Located across from two major supermarkets as well as close to shopping and medical facilities as well. Among the refinements of this elegant home, one will find a well laid out floorplan balanced by dual Master suites and an optional den/third bedroom living area. The incorporation of open living room with fireplace and separate dining room make for a delightful family home. In addition this home is beautifully decorated and shows like a model home. This property has tremendous upgrades from the porcelain tile floors to the granite counters to the upgraded cabinets and carpeting to the upgraded fixtures and ceiling fans absolutely beautiful home. The home has a sparkling pool and spa in the rear-yard for enjoyment year round and has some awesome mountain views to enjoy.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017