905 Del Norte Lane
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%.
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 |
|---|---|---|---|
| Jun 10, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by Realty Source | $969,000 | |
| Listed by Realty Source | |||
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Come and be indulged in this gorgeous designer cabin! Wake up and watch the sun rise over the mountains from the enormous decks on both levels. Watch the colorful blue jays as you enjoy breakfast looking out at the expansive views all the way from the desert to the mountains and golf course. In the evening the view changes to twinkling lights as the sun goes down. Enter on the upper level to a bright and spacious open living area with spectacular fireplace and vaulted ceilings. Cook's kitchen boosts high end appliances and ample cabinet space. Downstairs, there are 3 bedrooms, 2 with direct deck access as well as a large bonus room. This turnkey property has been a successful short-term rental with solid 5-star reviews. Property is being sold with adjacent lot included and unfinished basement. Lake rights are included!
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| Jan 28, 2022 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by Re/Max Advantage | $942,000 | |
| Listed by Re/Max Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017