39 Vista Encantada
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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 |
|---|---|---|---|
| May 1, 2024 | No longer available | - | |
| No longer available | |||
| Jan 3, 2024 | Price Decreased |
$1,395,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Oct 3, 2023 | Listed by Valentino & Valentino R E | $1,495,000 | |
| Listed by Valentino & Valentino R E | |||
| | |||
|
NEW YEAR-NEW PRICE! Reduced $200K for quick sale! Stunning Renovated Contemporary with the feel of an Art Gallery with stark white walls, high ceilings & gleaming concrete toned tile floors throughout. The perfect backdrop for your art collection! Located in a coveted location on Vista Encantada overlooking the #1 Fairway and the Green of the Gary Player Course. Private Resort Like Backyard with nothing behind you but Fairway and Mountain views! Dramatic entry hall with high ceilings opens to great room with fireplace and dining room with a spectacular chandelier and skylight flooding the space with tons of natural light. Media area is open to the Great Room as is the open kitchen with large waterfall edge island, quartz countertops and upscale stainless appliances. All entertaining space is centered around a stylish wetbar with curved quartz top. The spacious Primary Suite opens to the pool/patio area with views of the mountains and golf course. A large spa-like primary bath with huge walk-in shower, separate stand-alone soaking tub, dual vanities and large walk-in primary closet. There are 2 additional ensuite Bedrooms and a Media Room/Office that could be your 4th Bedroom. A covered outdoor living/dining area w/BBQ overlook the pool/spa with incredible mountain and golf course views! Per seller, owners may now have social membership at MHCC for additional $100 per month added to HOA dues. The manager has listed the unit size as 3646 square feet.
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| Jun 13, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by Bennion Deville Homes | $1,649,000 | |
| Listed by Bennion Deville Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017