7910 CORTLAND OAK
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%.
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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 |
|---|---|---|---|
| Dec 14, 2022 | No longer available | - | |
| No longer available | |||
| Nov 12, 2022 | Price Decreased |
$220,000
↓ $20K
(8.3%) | |
| Price Decreased | |||
| Nov 5, 2022 | Listed by The Virtual Realty Group | $240,000 | |
| Listed by The Virtual Realty Group | |||
| | |||
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This is a beautiful 3 bedroom 2 bath with a large living area. The kitchen is remodeled with granite counter tops and ceramic that includes a flat top range and above range microwave with ventilation installed. The kitchen also comes with a stainless steel refrigerator and custom cabinets. The home has a split floor plan with large master bedroom separated from guest bedrooms. There is carpet in the bedrooms and vinyl wood floor in the rest of the house. Outside is a backyard that comes complete with BBQ, picnic table and umbrella. This is a great location in the Alamo Ranch area, very close all shopping and restaurants on Culebra and 1604. Neighborhood pool nearby great for cooling off during the summer. **UPDATE**: Everything goes with the house, furniture, washer & dryer, we're even throwing in the fridge! The manager has listed the unit size as 1212 square feet.
| |||
| Apr 12, 2013 | Sold | ||
| Sold | |||
| Jan 28, 2013 | Listed by Davalos & Associates | $92,500 | |
| Listed by Davalos & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017