6937 Sitio Cordero
About This Property
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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 |
|---|---|---|---|
| Nov 22, 2019 | Sold | ||
| Sold | |||
| Sep 1, 2019 | No longer available | - | |
| No longer available | |||
| Aug 30, 2019 | Listed by Compass | $1,995,000 | |
| Listed by Compass | |||
| Jun 2, 2019 | Listed | $1,995,000 | |
| Listed | |||
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Very few homes in La Costa Ridge have detached casitas. This one features a full bath, mini kitchen area, and french doors that open to the front courtyard, with a putting green on the side. Perfect for an office, a guest suite, granny/nanny flat, kids "playhouse", "man cave", "she shack"....you name it! There are multiple built-ins throughout the home. The master closet is cedar lined, with Custom Closet system that includes center island full of drawers that has a locking jewelry drawer. The manager has listed the unit size as 5345 square feet.
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| Mar 22, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017