40943 Corte La Fonda
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 |
|---|---|---|---|
| Dec 24, 2018 | Sold | ||
| Sold | |||
| Oct 31, 2018 | Listed by RE/MAX Consultants | $275,000 | |
| Listed by RE/MAX Consultants | |||
| | |||
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Here's a beautiful corner lot home at Sun City Shadow Hills which is right off the main thoroughfare. This 2 bedroom 2 bath home includes fully enclosed patio. It is believed that the patio is not included in the total sq. ft. count. The home also sits on a lot which is larger than all other 1257 sq. ft. homes currently on the market (at time of listing). Other features include plantation shutters, neutral wall colors and neutral flooring, is very clean and move in ready. The kitchen has slab granite counter tops with stainless steel appliances. The front and back have full landscape which is tastefully done in desert scape with a BBQ island in the back yard. This home is in close proximity to the Montecito Country Clubhouse. You will not be disappointed.
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| Jan 31, 2018 | Sold | ||
| Sold | |||
| Apr 22, 2017 | Listed by VAN ESTATES, INC | $259,500 | |
| Listed by VAN ESTATES, INC | |||
| Aug 25, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017