40074 Corte Azul
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 |
|---|---|---|---|
| Jun 18, 2022 | No longer available | - | |
| No longer available | |||
| Jun 17, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | In contract | - | |
| In contract | |||
| Jun 3, 2022 | Listed by Keller Williams Realty | $599,000 | |
| Listed by Keller Williams Realty | |||
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This very popular Sorrano plan was built on a huge 9,583 SF privacy lot to 2,112 SF (EST.) in 2006. All of the existing carpet was just replaced with new, and the interior of the home was just painted with a beautiful neutral designer color, so everything is totally move-in ready. There are three bedrooms and three baths, a large den viewing the rear patio, an eat-in kitchen, a formal dining area and a two car attached garage. One of the bedrooms is a detached guest house with outside access from the covered front courtyard. Guests love this casita for its total privacy and because you're in control of your own AC/Heat thermostat! The sprawling East facing backyard currently has a gorgeous waterfall feature and mature easy care desert landscape; however, there is plenty of space here for a future resort style swimming pool and spa. The kitchen has a nook, granite countertops, high quality cabinets with lower roll-out shelves, stainless steel appliances with a gas cooktop, double ovens and an island prep area that looks to the great room, formal dining area and backyard. The master suite has a patio view, dual vanities, an oval tub, separate glass enclosed shower, and a marvelous dark wood organized walk-in closet! The drive-up street appeal is luscious! Act soon! The manager has listed the unit size as 2112 square feet.
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| Apr 8, 2022 | Listed by Keller Williams Realty | $599,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
This very popular Sorrano plan was built on a huge 9,583 SF privacy lot to 2,112 SF (EST.) in 2006. All of the existing carpet was just replaced with new, and the interior of the home was just painted with a beautiful neutral designer color, so everything is totally move-in ready. There are three bedrooms and three baths, a large den viewing the rear patio, an eat-in kitchen, a formal dining area and a two car attached garage. One of the bedrooms is a detached guest house with outside access from the covered front courtyard. Guests love this casita for its total privacy and because you're in control of your own AC/Heat thermostat! The sprawling East facing backyard currently has a gorgeous waterfall feature and mature easy care desert landscape; however, there is plenty of space here for a future resort style swimming pool and spa. The kitchen has a nook, granite countertops, high quality cabinets with lower roll-out shelves, stainless steel appliances with a gas cooktop, double ovens and an island prep area that looks to the great room, formal dining area and backyard. The master suite has a patio view, dual vanities, an oval tub, separate glass enclosed shower, and a marvelous dark wood organized walk-in closet! The drive-up street appeal is luscious! Act soon!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017