2911 Rancho Cortes
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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 |
|---|---|---|---|
| Dec 18, 2019 | Sold | ||
| Sold | |||
| Oct 2, 2019 | Listed by Coldwell Banker Realty | $1,288,000 | |
| Listed by Coldwell Banker Realty | |||
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Gorgeous home in Hacienda development in Rancho Carrillo. This home is loaded with upgrades and is in beautiful move-in condition. One full bedroom/bathroom downstairs separated from other living spaces which makes for a perfect mother-in-law's quarters or for a live-in nanny. Downstairs private office with its own private entrance. Fabulous hardwood flooring. Whole house solar that is owned! All bedrooms have their own bathrooms. Central air. Built-in Sub-Zero refrigerator. See supplement for more. Seller to select all services including escrow, title and pest control. Here are some exciting features: 2 car attached garage plus separate 1 car garage perfect for storage. Gated courtyard with beautiful fountain. Downstairs bedroom/bath plus downstairs office with French doors opening up to courtyard for private entry. Master suite upstairs offers a balcony with fabulous views, sitting area and attached oversized bathroom with huge shower, separate tub, dual vanities and large walk-in closet. Upstairs laundry room with large folding area. Meticulously maintained and move-in ready. Great location close to all.. Neighborhoods: Rancho Carrillo Complex Features: ,, Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Dec 23, 2015 | Sold | ||
| Sold | |||
| Oct 4, 2015 | Listed by Windermere Homes & Estates | $1,075,000 | |
| Listed by Windermere Homes & Estates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017