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78515 Avenida Ultimo
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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 |
|---|---|---|---|
| Sep 5, 2026 | Listed by Equity Union | $965,000 | |
| Listed by Equity Union | |||
| Oct 8, 2025 | Listed | $1,125,000 | |
| Listed | |||
| | |||
|
Custom designed gated 3 car garage home!!!Gorgeous remodeled kitchen and Primary Bath! Living Room, Formal Dining Room, Foyer, Great Room, Family Room, Casual Dining Room, Kitchen, Laundry Room, 3 Bedrooms (2 are matching primary suites) and 3 Full Bathrooms! Dramatic waterfall pool and spa! Living room/Dining Room have 12-foot ceilings, all the other rooms have 9-foot ceilings. Washer, Dryer, Counter-depth Frig, Gas Cook-top (w/ down-draft), Dishwasher, built-in Full-size Double Ovens, Built-in Beverage/Wine Frig and Built-in Microwave Oven. Kitchen remodel (2022). Italian Stainless-steel sink. Chrome Faucet. High-end Decorator solid chrome handles in kitchen, all 3 bathrooms, laundry room and closet. This subdivision is private and quiet, no through streets. No HOA! This home is great for entertaining. Living/dining room opens to the great room which opens to the yard/pool. open concept kitchen, family room, casual dining. Outdoor entertaining is ready with built in BBQ, large yard pool and spa, Fireplace (gas) and patio off of primary suite. Great family home or vacation home. Owned Solar.
| |||
| Jun 20, 2025 | Price Decreased |
$1,200,000
↓ $50K
(4%) | |
| Price Decreased | |||
| May 30, 2025 | Listed | $1,250,000 | |
| Listed | |||
| | |||
|
Custom designed gated 3 car garage home!!!Gorgeous remodeled kitchen and Primary Bath! Living Room, Formal Dining Room, Foyer, Great Room, Family Room, Casual Dining Room, Kitchen, Laundry Room, 3 Bedrooms (2 are matching primary suites) and 3 Full Bathrooms! Dramatic waterfall pool and spa! Living room/Dining Room have 12-foot ceilings, all the other rooms have 9-foot ceilings. Washer, Dryer, Counter-depth Frig, Gas Cook-top (w/ down-draft), Dishwasher, built-in Full-size Double Ovens, Built-in Beverage/Wine Frig and Built-in Microwave Oven. Kitchen remodel (2022). Italian Stainless-steel sink. Chrome Faucet. High-end Decorator solid chrome handles in kitchen, all 3 bathrooms, laundry room and closet. This subdivision is private and quiet, no through streets. No HOA! This home is great for entertaining. Living/dining room opens to the great room which opens to the yard/pool. open concept kitchen, family room, casual dining. Outdoor entertaining is ready with built in BBQ, large yard pool and spa, Fireplace (gas) and patio off of primary suite. Great family home or vacation home. Owned and Leased Solar.
| |||
| Dec 3, 2024 | Sold | ||
| Sold | |||
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About Desert Club
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$9,000 /mo
- 2 Beds
- 2 Baths
- 2,013 ft²
$10,000 /mo
- 3 Beds
- 2 Baths
- 2,284 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017