2977 Cortona Drive
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by Ellingson Properties | $1,125,000 | |
| Listed by Ellingson Properties | |||
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Spacious and thoughtfully updated, this lovely home on nearly half an acre in the heart of West Viera is move-in ready and zoned for the new Viera Middle School. Welcome to 2977 Cortona! This large residence, with a newly added 5th bedroom has a host of features and upgrades: new kitchen appliances, new light fixtures, new pool salt cell and lighting, new exterior paint, and an extended 3 car garage plus a golf cart garage. As you enter, you're greeted by plenty of natural light and open, airy spaces with a great sense of flow from the foyer through the kitchen to the outdoor living area The contemporary kitchen is the heart of the home, with ample cabinet space, stainless steel appliances, and a huge island. Outside, enjoy summer afternoons on the screened-in paver patio with its sparkling saltwater pool and spa and charming firepit—the perfect place to entertain. The fenced yard behind offers lovely waterfront views. SEE ''MORE' Upstairs, you can retreat and relax in the generous primary suite, which includes an ensuite bathroom with dual vanities, glass-and-tile walk-in shower, and separate soaking tub. Discover comfort and flexibility with 4 additional bedrooms, an office area, and so many more convenient spaces to use as you see fit. Storage is a breeze with the oversized 3-car garage plus a golf cart garage! This location is perfect for families as the neighborhood offers a walkway Viera charter, new middle and high schools. This home won't last longdon't miss your opportunity to see it for yourself!
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| Apr 21, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by Ellingson Properties | $775,000 | |
| Listed by Ellingson Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017