54140 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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by Compass | $489,000 | |
| Listed by Compass | |||
| Mar 17, 2016 | Sold | ||
| Sold | |||
| Feb 4, 2016 | Listed by La Quinta Palms Real Estate Co | $164,900 | |
| Listed by La Quinta Palms Real Estate Co | |||
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Wow! Check out this fixer located high in the La Quinta Cove and just steps away from the Bear Creek Hiking trail! This property is approx. 1,439 sqft with 3 bedrooms, 2 baths, living room w/ fireplace, Family/Dining room with sliding glass doors to a large covered patio, a Kitchen with eating bar,and a master suite with private bathroom and walk-in closet. Other features include a tile roof, a 2 car garage, a large backyard and more! Sold in AS-IS condition, Don't miss this great opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017