50325 Verano Drive
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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 |
|---|---|---|---|
| Dec 31, 2018 | No longer available | - | |
| No longer available | |||
| Dec 2, 2018 | Listed | $899,000 | |
| Listed | |||
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This showcase home is stunning! Breathtaking golf course and West facing mountain views! Recent renovations are extensive interior and exterior; includes a custom designer planned gourmet kitchen that's a must see. Gorgeous plank tile flooring, a giant great room with soaring 12' ceilings, bar area with wine fridge & a dramatic corner fireplace. Upgraded windows and doors lead to the beautiful patio setting with relaxing pool, spa & BBQ area for easy entertaining and to enjoy the fabulous views! Spacious master suite with oversized bathroom dual vanities & it's own patio. Large guest suites both have their own baths and spacious closets. Exterior was recently painted and custom landscape plan used throughout from front to back. Golf membership is not required, however, is available for purchase through MVCC. The manager has listed the unit size as 2535 square feet.
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| Dec 10, 2015 | Sold | ||
| Sold | |||
| Sep 4, 2015 | Listed by Bennion Deville Homes | $765,000 | |
| Listed by Bennion Deville Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017