43876 Salpare Way
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 19, 2026 | Price Decreased |
$1,000,000
↓ $25K
(2.4%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Equity Union | $1,025,000 | |
| Listed by Equity Union | |||
| Aug 1, 2022 | Sold | ||
| Sold | |||
| Jun 14, 2022 | Listed by HomeSmart | $1,099,000 | |
| Listed by HomeSmart | |||
| | |||
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On your mark, set go!! Here's an absolute masterpiece of a property for sale in the highly sought after community of Terra Lago with no rental restrictions. This property is a successful vacation rental that is being offer turn-key and is furnished for today's short term rental needs and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $130,000 yearly in vacation rental income and this listing will do the same or more. This home has a three car garage, unobstructed gorgeous eastern mountain views from the backyard pool and murals for the wow factor that your guest will love. The interior has a desirable wide open floor plan that encompasses all the living areas. There's four bedrooms, three baths and a potential to convert to a desired fifth bedroom. This home is a definite winner and will stand out amongst the competition in the community. This investment property will be a great addition to your real estate portfolio. If you're looking for a property to generate residual income for years to come, then look no further!
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| Sep 17, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017