5462 Corte Del Mar
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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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Jul 1, 2024 | Listed by Coldwell Banker Assoc.Brkr-Mur | $550,000 | |
| Listed by Coldwell Banker Assoc.Brkr-Mur | |||
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The Best of the Best! Highly desirable The Gathering model in the premiere 55+community of Solera Diamond Valley by Del Webb! Remarkably high end & elegant 3-Bedroom, 3-Bathroom, 2,457 square foot, single story home. This home is absolutely gorgeous! The moment you enter this home you are greeted with soaring tray ceilings, crown molding, custom built-in cabinets, custom doors, tile flooring and plantation shutters throughout. The open concept floor plan offers a formal dining room, additional dining area off the kitchen, sunroom with a cozy fireplace, living room with a fireplace, built-in entertainment center and desk and a gourmet kitchen overlooking the living room. The wonderful kitchen features a large center island perfect for entertaining, upgraded stainless steel appliances, walk-in pantry, full back splash, slab granite counter tops, and an ample number of gorgeous cabinets. The primary bedroom suite features bay windows, crown molding and door leading out to the back patio. The primary bathroom has crown molding, bathtub, walk in shower, vanity area and a wonderful walk-in closet. The spacious guest room is its own suite with walk in closet and private bath with step in shower. There is a large two car garage with several quality cabinets, overhead storage, and features epoxy flooring. The outside yard and beautiful patio are exceptionally minimal maintenance with artificial turf and set up for outdoor living. The front and back drought tolerant landscaping has been professionally done. Fantastic location at the end of a cul-de-sac and steps to a very walkable pet friendly park and lush Paseo. Solar is prepaid for approximately 11 years, Plantation Shutters. Active adults will cherish the boundless social and recreational opportunities in the community and surrounding region. Solera Diamond Valley community center offers a 23,000 square-foot Mountain View Lodge featuring a fitness center, walking track, library, billiard tables, meeting rooms, library, sitting areas with fireplace, indoor pool, and spa and two outdoor pools and spa. Engage in friendly matches on the Bocce ball, tennis, and pickleball courts, completing a comprehensive range of activities for an enriched 55+ living experience. Come inside and look today!
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| Aug 2, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by BHHS CA Properties | $375,000 | |
| Listed by BHHS CA Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017