54040 Avenida Cortez
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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 |
|---|---|---|---|
| Aug 7, 2015 | Sold | ||
| Sold | |||
| May 2, 2015 | Listed by Bennion Deville Homes | $289,900 | |
| Listed by Bennion Deville Homes | |||
| Feb 13, 2014 | Sold | ||
| Sold | |||
| Sep 12, 2013 | Listed by California Lifestyle Realty | $348,000 | |
| Listed by California Lifestyle Realty | |||
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Great location Sante Fe home high in the Cove near walking trail. Spectacular 180 degree westerly views of the Santa Rosa mtns. Excellent and very efficient floor plan decorated in Southwest design. Wood burning fireplace, SW style furnishings and accessories throughout. Furnishings available outside of escrow or negotiated in price. Grassed rear yard off rear patio. Front yard patio and swimming pool with nice sun and fantastic mountain views. Home is located in the most quiet area of the Cove near very expensive upper Cove homes. Saltillo style hard floors, French doors to patios, higher ceilings, nice colors and more. Don't miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017