407 El Adobe Place
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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 |
|---|---|---|---|
| Sep 8, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $900,000 | |
| Listed | |||
| | |||
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This cul-de-sac highly upgraded pool home it absolutely stunning in every way. As you approach this completely remodeled home you immediately notice the beautiful curb appeal including curved driveway and separate RV parking with dump sewer. Entering through the custom front door you are greeted with an open floor plan featuring separated sunken living and dining rooms which open to the huge family room complete with deluxe fireplace surrounded by custom built in cabinets. The open kitchen features newer cabinets with custom Corian countertops, tons of counter and storage space, and newer appliances. The house is completely redone with recessed lighting, double pane windows and sliding glass doors allowing ample natural light to warm the home. The master suite is impressive with a high end walk-in closet with custom shelving, a separated claw-foot bathtub with stand alone shower including dual vanities in granite countertops over custom cabinets. The backyard is truly amazing featuring multiple entertaining areas including a private outdoor fireplace and sitting area, artificial grass play and shade area, huge pool with diving board, covered patio and a massive side yard. The backyard overlooks the park area of Hermosa Elementary giving the feel of utter privacy and serenity. With custom hardwood floors, custom stonework, upgraded everything - this home is one you do not want to miss.The manager has listed the unit size as 2636 square feet.
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| May 11, 2017 | Listed by Reliance Real Estate Services | $900,000 | |
| Listed by Reliance Real Estate Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017