42988 Corte Davila
About This Property
This stunning 4-bedroom, 2.5-bathroom home is located on a tranquil cul-de-sac in the highly sought-after Paloma del Sol community. The interior has been beautifully upgraded, featuring luxury vinyl wood plank floors throughout, sleek quartz countertops, updated lighting and fixtures, newer paint and a custom-designed fireplace that adds a touch of elegance to the living space. Enjoy relaxing or entertaining under the covered patio in the spacious private backyard.
The community is perfect for those who enjoy an active lifestyle, offering multiple pools, relaxing spas, parks, and well-maintained sports courts. Additionally, this home comes with owned solar panels, ensuring energy efficiency and lower utility costs.
The location could not be more perfect as it is near, gyms, yoga studios, restaurants, medical facilities, sports parks, the wineries and an array of dining and shopping options. Not to mention it is slated for the top schools in the region!
Don't miss out on this exceptional property-schedule your private tour today!
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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 |
|---|---|---|---|
| Oct 28, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | Price Decreased |
$749,995
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Jul 12, 2024 | Listed by Century 21 Masters | $775,000 | |
| Listed by Century 21 Masters | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017