644 Corte Elegante
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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%.
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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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Listed by Keller Williams Westlake Village | $1,380,000 | |
| Listed by Keller Williams Westlake Village | |||
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Amazing 180-degree Views! Located in Vina Del Mar, the gateway to Spanish Hills. This spacious 3046 Sq.ft home is located on a cul-de-sac, featuring 4 large, bright bedrooms and 3 1/2 baths. Wonderful entertainer's home with a spacious open floor plan (newly painted throughout), butler's pantry, a huge chef's kitchen with island, open to a great gathering family room with a raised hearth fireplace and panoramic views. The bright kitchen has large windows, and the breakfast nook is perfect for family breakfast gatherings. The formal dining room is ideal for those larger family holiday dinners. The generous primary suite with a tray ceiling features a private balcony with expansive views of the mountains and city lights. The large primary en-suite has double sinks, a large separate shower and soaking tub, and a coveted, finished walk-in closet. There is a second private suite and 2 guest rooms sharing a hall bathroom. The property is close to Sterling Hills Golf Club, Country Club, Outlet Malls, Movies, and Restaurants. This beautiful property is a must-see.
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| Jan 8, 2018 | Sold | ||
| Sold | |||
| Jul 23, 2017 | Listed by Dilbeck Estates | $808,000 | |
| Listed by Dilbeck Estates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017