48398 Panorama Avenue
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 27, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Coldwell Banker Realty | $650,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Nov 1, 2021 | In contract | - | |
| In contract | |||
| Oct 22, 2021 | Listed by HomeSmart Professionals | $469,000 | |
| Listed by HomeSmart Professionals | |||
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BEAUTIFUL, move-in ready, one-story 2,194 sq ft, 3 bedroom/2 bath home boasts an expansive open and airy floor plan with vaulted ceilings. The bright, light-filled great room includes a cozy fireplace w/mantel and large dining area for entertaining with family & friends. Spacious kitchen offers marble countertops, composite sink, Delta faucet, breakfast bar, travertine flooring and separate eating area with delightful courtyard view. Oversized primary bedroom en-suite with double vanity has a soaking tub, shower and fabulous huge walk-in closet. Additional two sizeable bedrooms are situated on other side of the home with a full-sized bathroom. Private, lush rear yard sanctuary offers majestic mountain views, Alumawood awning, extended patio and walkways, cool fog misters, outdoor fan & wiring for your TV, plus room to build a pool/spa. Wonderful 2-car, plus golf-cart garage w/epoxy flooring has added Fujitsu air conditioning unit and two Steller storage racks. Wide driveway w/gated 45' x 18' RV parking has full hook-up's, washouts and electric. Brand-new HVAC units and garage doors installed, recently painted exterior and stucco on front wall added, plus HP Lift Master garage door opener...definitely PRIDE OF OWNERHIP felt throughout! Las Brisas II is a quiet 55+ community with only 54 homes in close proximity to shopping & restaurants with low IID electricity rates and HOA fees of only $107/mo. Come experience this amazing five-star home designed for living your best life! The manager has listed the unit size as 2194 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017