7664 Concerto
About This Property
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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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | Price Decreased |
$2,290,000
↓ $50K
(2.1%) | |
| Price Decreased | |||
| Jan 12, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2024 | Listed by Pacific Sotheby's Int'l Realty | $2,340,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| | |||
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Located in the very desirable Verrazzano community, this 3,117 sq foot home offers an ideal floor plan with an abundance of natural light. The property has been professionally updated with top-of-the-line finishes and is located on a preferable interior lot adjacent to the lushly landscaped community park with BBQ facilities, bocce ball court and so much more. Upon entering the landscaped front courtyard into the main residence you are greeted by an inviting open flowing floor plan with beautiful high end finishes throughout. The main level highlights the oversized primary bedroom with spa-like bath, dual dressing rooms and a private courtyard, an office, an oversized great room with high ceilings and fireplace and a dining room. In addition, there is the custom renovated gourmet kitchen, perfect for any fussy chef complete with granite countertops, stainless steel appliances, a wood beamed ceiling, desk area, butler’s pantry and breakfast bar with plenty of room for informal dining. There are French doors that open to the private yard with summer kitchen, sitting/dining areas and mature landscape which is ideal for morning coffee, afternoon relaxation or an evening nightcap. The second story you will find two suites of bedrooms plus a bonus room/loft which could be used for children’s homework/play area, guest retreat or extended family. The property is very private. Some additional design elements include: Imported French natural stone pavers; custom lighting / fixtures; custom cabinetry, woodwork and solid core doors; painted with smooth coat walls and custom window treatments. The home also includes a Nest system, EV charger, home alarm system and garaging for 2 vehicles with an abundance of storage. Walking distance to Willow Grove Elementary School. The Verrazano community has three parks, restaurants and services, and is easily accessible to the amenities offered at the Santaluz community.
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| Jan 12, 2015 | Sold | ||
| Sold | |||
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About Black Mountain Ranch
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$9,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017