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31730 Corte Esparza
About This Property
Enter through the front door into the living room with VAULTED ceilings, light, and PLANTATION shutters. To the right is the formal dining room with modern chandelier and window that looks onto the garden. Continue walking toward the back of the home and enter into the open kitchen with CROWNED molding, ISLAND, white cabinets, GRANITE counter tops, and NEW STAINLESS STEEL appliances including a Bosh dishwasher, French door refrigerator and convection 5 burner gas range. The island adds counter space and seating-perfect for eating breakfast or doing homework. Across the room is a fireplace and TV area. Walk out the sliding glass door into the wonderfully landscaped back yard with artificial grass that faces a tree lined walking trail. Take a swim in the PRIVATE saltwater POOL and SPA or enjoy the fire pit with built in seating. Upstairs there are 4 bedrooms with the master on the right. The Master Bedroom offers a CUSTOM walk-in closet and opens to a LARGE master bathroom with DUAL sinks and a CUSTOM KOHLER SHOWER featuring a rain head multi-function shower-head, volume, and thermostat controls.
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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 13, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed by All About Real Estate | $489,900 | |
| Listed by All About Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017