278 Corte San Marco
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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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | Listed by Malbec Realty | $650,000 | |
| Listed by Malbec Realty | |||
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Charming Home in the Desirable Gated Community of Merano. Nestled on a quiet cul-de-sac in the highly sought-after Merano community, this beautifully updated home boasts impressive curb appeal and meticulous care throughout. As you enter, you'll be greeted by an open and airy floor plan that seamlessly blends indoor and outdoor living. The highlight of the home is the large, sparkling pool and spa, perfectly framed by windows that allow natural light to flood the space. The expansive backyard offers both privacy and ample room for entertaining, making it an ideal setting for hosting family gatherings or simply enjoying peaceful relaxation. With its spacious layout, modern updates, and serene outdoor oasis, this home truly has it all. The leased solar system keeps your electric bills low and consistent. Located within a secure, gated community with low HOA fees, you'll enjoy the tranquility and convenience of Merano living. Don't miss the chance to make this exceptional home yours! Buyer to verify accuracy of information.
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| Oct 24, 2018 | Sold | ||
| Sold | |||
| Aug 29, 2018 | Listed by Windermere Homes & Estates | $374,900 | |
| Listed by Windermere Homes & Estates | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017