878 Cortona Pl Place
About This Property
Built on two panoramic view lots in prestigious gated Tuscany, this custom built home has all hand chiseled travertine floors or wood, solid stone accent walls & columns, travertine brick boveda ceilings, cantera walls & wood beams plus a list of upgrades. The fabulous great room opens to an outdoor paradise for year round enjoyment with an expansive covered patio, grilling area, bar & stunning pool. From the breathtaking foyer entry... A versatile plan opens with a formal living room, formal dining, large home office/library, a dream kitchen that adjoins a super sized Great room, a sit down bar & card room, plus an a home gym, 2 powder rooms, and multiple balconies for the views. Master suite & 3 bedrooms upstairs, one guest bdrm downstairs.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Price Decreased |
$1,380,000
↓ $20K
(1.4%) | |
| Price Decreased | |||
| Mar 1, 2025 | Price Decreased |
$1,400,000
↓ $25K
(1.8%) | |
| Price Decreased | |||
| Jan 4, 2025 | Relisted | $1,425,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About El Paso
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017