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39687 Corte Gata
About This Property
Step through the double-door entry into a light and bright floor plan featuring vaulted ceilings, plantation shutters and roman shades, neutral finishes, and beautiful wood-look tile flooring throughout. The open kitchen features a center island with bar, glass tile backsplash, stainless steel appliances, and both casual and formal dining areas, all flowing seamlessly into the inviting family room with a cozy fireplace. The four bedrooms are very nice sized (one currently configured as a den/office). The spacious primary suite feels like its own private retreat, complete with a second fireplace and beautiful double French doors offering direct access to the backyard. The remodeled ensuite bathroom features an oversized walk-in shower with rain shower head, custom vanity, designer lighting, and plenty of storage.
Step outside and enjoy your own private backyard oasis with NO REAR NEIGHBORS, a sparkling POOL, separate stand-alone spa, covered patio with ceiling fans, and low-maintenance turf. The spa is conveniently located just outside the primary suite's French doors, creating the perfect spot to unwind at the end of the day. Prefer natural grass? Sprinkler lines are already installed, making conversion easy.
Additional highlights include the hard-to-find 3-CAR GARAGE, Power Purchase Agreement Solar Plan - no crazy lease payments just low cost electricity - only pay for what you use, indoor laundry, two full bathrooms plus a powder room, cul-de-sac location, LOW TAXES and NO HOA! Conveniently located near shopping, dining, parks, schools, and freeway access.
Come see everything 39687 Corte Gata has to offer and make this special home your own!
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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 |
|---|---|---|---|
| Sep 27, 2026 | In contract | - | |
| In contract | |||
| Sep 19, 2026 | Listed by Exit Alliance Realty | $739,000 | |
| Listed by Exit Alliance Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017