42 Via Armilla
About This Property
The Gourmet Kitchen includes an oversized island, granite counters, Kitchen Aid stainless appliances, gorgeous glazed cabinetry. Family Room is open to kitchen and features a beautiful stone fireplace and custom built in entertainment center.
The Upstairs Features: two secondary bedrooms, loft, guest bath, laundry room & a tranquil master suite with a sumptuous master bath to rival any resort. An oversized jetted/soaking tub and travertine stone counters & flooring.
The rear yard features a private BBQ area w/ a covered patio. The home is equipped with Solar Panels (Owner paid $47,600), Dual Zoned A/C and Attic Fan.
Vittoria offers a prime location and walking distance to Talega Community Pools & Tierra Grande Park, as well as the hiking trails in the surrounding rolling hills
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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 |
|---|---|---|---|
| Oct 13, 2017 | Sold | ||
| Sold | |||
| Aug 14, 2017 | Listed by Re/Max Coastal Homes | $975,000 | |
| Listed by Re/Max Coastal Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017