46020 Via La Colorada
About This Property
The downstairs is open to all guests and has a lot to boast with an office that has custom French Doors, full bathroom, formal living room, and formal dining room with upgraded lighting, luxurious kitchen with a gas Viking range/oven/hood, eat-in area kitchen area, and office nook. Another perfect touch that completes the down stairs is the custom French Doors in the formal dinging room that lead to the back patio.
The first thing that one will be drawn to upstairs is the original owner's custom addition of an artist's loft complete with casement windows, recessed lighting, and audio speakers. The master bedroom suite has two large walk-in closets, two separate sink areas, separate soaking tub and shower, and a vanity. The two other bedrooms upstairs are similar in size and are joined by a Hollywood bathroom. One of the bedrooms has a walk-in closet and the other has a large traditional style closet. The upstairs is completed with a laundry room that has a feature that is not commonly seen, a floor drain.
One will notice that all windows throughout the home have casings and another feature that might not be noticeable visually, but noticeable in savings on the electric bill is the whole-house fan.
The garage is a three-car tandem(hard to find). The back yard has a very nice layout and finished with a lit patio area, retaining wall, and fountain.
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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 |
|---|---|---|---|
| Apr 11, 2017 | Sold | ||
| Sold | |||
| Mar 1, 2017 | Listed by Weichert Realtors, Cmty R.E. | $449,000 | |
| Listed by Weichert Realtors, Cmty R.E. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017