4538 ORTEGA FOREST Drive
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 |
|---|---|---|---|
| Sep 1, 2016 | Sold | ||
| Sold | |||
| Apr 29, 2016 | Listed by NORVILLE REALTY INC | $973,000 | |
| Listed by NORVILLE REALTY INC | |||
| Feb 19, 2015 | Listed by NORVILLE REALTY INC | $998,000 | |
| Listed by NORVILLE REALTY INC | |||
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Florida living at its finest - both inside and out. Unobstructed views of the Ortega River from almost every room! Family and friends alike will love the expansive, two-story, riverfront screened room with summer kitchen, tiered Trex decks down to the swimming pool, and a covered dock with lift beyond. Inside the gracious main home is a dramatic glassed spiral staircase to upper level, a large, gourmet kitchen with granite countertops and dining area, and elegant, formal living and dining rooms. Relax in the spacious family room with a floor to ceiling stone fireplace. Downstairs master with his and her baths and walk-in closets plus 3 more bedrooms upstairs. Additional bedroom and pool bath behind the kitchen. Great house in a fantastic neighborhood! A rated Stockton Elementary.
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| Feb 27, 2014 | Listed by NORVILLE REALTY INC | $1,060,000 | |
| Listed by NORVILLE REALTY INC | |||
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Entertainer's dream home with unobstructed views of the Ortega River from almost every room!! Family and friends alike will love the expansive, two-story, riverfront screened room with summer kitchen, tiered Trex decks down to the swimming pool, and a covered dock with lift beyond. Inside the gracious main house is a dramatic glassed spiral staircase to upper level, a large, gourmet kitchen with granite countertops and dining area, and elegant, formal living and dining rooms. Relax in the spacious family room with a floor to ceiling stone fireplace. Downstairs master with his and her baths and walk-in closets plus 3 more bedrooms upstairs. Additional bedroom and pool bath behind the kitchen. Great house in a fantastic neighborhood!
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| Mar 9, 2013 | Listed by NORVILLE REALTY INC | $998,000 | |
| Listed by NORVILLE REALTY INC | |||
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Wow! Major price drop! This is now the best priced quality waterfront in Ortega or Avondale. Entertainer's dream home with unobstructed views of the Ortega River from almost every room!! Family and friends alike will love the expansive, two-story, riverfront screened room with summer kitchen, tiered decks down to the swimming pool, and a covered dock with lift beyond. Inside the gracious main house is a dramatic glassed spiral staircase to upper level, a large, gourmet kitchen with granite countertops, and elegant, formal living and dining rooms. Put your feet up and relax in the family room with a floor to ceiling stone fireplace. Downstairs master with his and her baths plus 3 more bedrooms upstairs. Additional bedroom and pool bath beyond the den.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017