40058 Corte Lorca
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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 18, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | Price Decreased |
$520,000
↓ $15K
(2.8%) | |
| Price Decreased | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Apr 7, 2024 | Listed by Hardy Realtors | $535,000 | |
| Listed by Hardy Realtors | |||
| | |||
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The remodeled kitchen with quartz counters and white cabinets brings a bright and modern touch, and the updated vinyl plank flooring adds a sense of elegance and durability. A private yard is always a desirable feature, offering a peaceful outdoor space for relaxation and enjoyment. Overall, this single-story home in The Colony's 55+ community is a comfortable and inviting place to call home. Offering 2 bedrooms and 2 bathrooms, this home is perfect for the discriminating senior looking for an active community. The Colony offers an outstanding array of activities within a lovely clubhouse which offers a pool, gym, hair and nail salon, a billiard room and many other amenities. Credit for repair/replace of back slider, dishwasher, & garbage disposal! Low taxes and low HOA.
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| Jul 18, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017