22430 Cupertino Road
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 |
|---|---|---|---|
| Oct 20, 2017 | Sold | ||
| Sold | |||
| Sep 1, 2017 | Listed | $3,888,000 | |
| Listed | |||
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This gorgeous new home gives you an open floor plan, an incredible kitchen, a back yard perfect for entertaining, a guest house perfect for an au-pair or in-law, & much more. Large well lit kitchen has modern professional style appliances, smart refrigerator, ample storage in stained wood cabinets & drawers, stone counter tops & a plank floor. Open floor plan has a formal living, a formal dining, a family area with drop down movie screen, a breakfast area, & kitchen in the central part of the home. Family, Living, Dining, and kitchen area all have soaring high ceilings. Backyard features an outdoor kitchen, an arbor covered patio area, a water fall and pond. Two tankless water heaters, two A/C system, two Nest temperature control system, central house vacuum, & generator. All features of the home are controllable by phone/tablet. Main house 22430 has 5 Bed/4.5 Bath. Guest House 22438 has 2 Bed/1 Bath.Buyers to verify with City & County regarding house & lot size. The manager has listed the unit size as 4309 square feet.
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| Aug 8, 2017 | Listed by Keller Williams Palo Alto | $3,888,000 | |
| Listed by Keller Williams Palo Alto | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017