806 Cortijo Drive
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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 |
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| Jan 24, 2024 | Listed by eXp Realty LLC | $475,000 | |
| Listed by eXp Realty LLC | |||
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Welcome to luxury living in Chaparral Park! This stunning property features a fully renovated main house with four bedrooms and 3.5 bathrooms, offering ample space for relaxation and entertainment. The sleek kitchen and spacious living areas create the perfect setting for gatherings or quiet family moments.
Step outside to discover a charming casita at the back, complete with its own bedroom, bathroom, and fully equipped kitchen. This versatile space is ideal for guests or a private retreat. Plus, with the comfort of refrigerated air, every moment in this home is designed for your satisfaction.
Not only does the casita enhance your living experience, but it also provides an opportunity for extra income. Consider renting out the casita for added financial benefits while enjoying the charm and elegance of Chaparral Park in this beautifully renovated residence - a true sanctuary for modern living.
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| Oct 20, 2023 | Listed by Lofgren Real Estate Group | $549,950 | |
| Listed by Lofgren Real Estate Group | |||
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Welcome to the well established subdivision of Chaparral Park where you'll find a fully renovated home with a detached one room/one bathroom unit. This home sits on about half an acre lot with low maintenance front and backyard. Main home features 4 bedrooms (2 masters), 3.5 bathrooms, tile throughout the home, granite countertops, amazing gold finishes, modern design on chimneys and fixtures, refrigerated air, and so much more. This home is perfect to live in the main home and rent out the back unit for extra income, or in case you're in the dog house you have a state of the art dog house in the back. Back unit is renovated with a full bath, kitchen, 1 room, and so much more! Seller is offering to help with an interest rate buy-down to alleviate todays rates.
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| Aug 23, 2023 | Listed by ERA Sellers & Buyers Real Esta | $549,950 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
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Experience modern living in this beautifully remodeled one-story home. With every detail carefully considered, this residence offers a seamless blend of comfort and style. Beautiful 2 master bedrooms in the main house. Enjoy open spaces and a layout designed for convenience. This property offers a mother-in-law quarters with a kitchen, full bathroom with jetted tub, and utility room. Reduced Price and Seller is giving 4% to closing cost assistance or buy down interest rate!
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| Sep 9, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by BorderView Realty | $335,000 | |
| Listed by BorderView Realty | |||
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Last Updated: 5 months ago
Data Source: GEPAR, MLS# 866197
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017