311 CORDILLERA TRACE
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 |
|---|---|---|---|
| Jul 21, 2020 | No longer available | - | |
| No longer available | |||
| Mar 10, 2020 | Listed | $2,445,000 | |
| Listed | |||
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This extraordinary estate built by Robert Thornton is situated on 12.88 acres with AMAZING 20+ mile Views and Privacy. Gourmet kitchen w/DSC & Sub Zero appliances, Knotty Alder Cabinets and rustic Cherry flooring w/ Mesquite accents. All bdrms down w/ en-suite baths, dual studies with built-ins, game room up, and 1 bdrm guesthouse. Living room w/slider doors open to extensive outdoor living overlooking Infinity Edge Pool, spa, w/ fireplace. Additional 1,000+/- SF workshop complete with AC & 1/2 bath. The manager has listed the unit size as 6502 square feet.
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| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Jan 3, 2020 | Price Decreased |
$2,650,000
↓ $100K
(3.6%) | |
| Price Decreased | |||
| Oct 9, 2019 | Price Decreased |
$2,750,000
↓ $245K
(8.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017