5609 CORTINA 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 |
|---|---|---|---|
| Mar 23, 2020 | Sold | ||
| Sold | |||
| Feb 9, 2020 | Listed by Coldwell Banker Heritage R E | $335,000 | |
| Listed by Coldwell Banker Heritage R E | |||
| Jun 29, 2018 | Sold | ||
| Sold | |||
| Apr 24, 2018 | Listed by Coldwell Banker Legacy | $335,000 | |
| Listed by Coldwell Banker Legacy | |||
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Extraordinary Custom-Built home located on a cul de sac, with a heated swimming pool and spa and a great view of the Franklin Mountains. Bright and airy with plenty of natural light. Kitchen with island and breakfast area. Formal dining room, wet bar. Fireplace with ceramic logs. Master bedroom with high ceiling. Third bedroom excellent for mother-in-law quarters. A superb home in a great location. Special bonus garage with custom-built cabinets. Lovely backyard is good for entertaining. Shutters in front of home. Water heated replaced in 2017.
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| May 5, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017