2 months on rocket

7710-60 N Coronet Ct, New Orleans, LA, 70126

$1,165,000

Home List Price

$10,000*

Closing Credit

36 Bedrooms
24 Full Baths, 12 Partial
15,156 SqFt
$77/SqFt
Condo
Schools Nearby

Location

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7710-60 N Coronet Ct, New Orleans$1,165,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Parking Lot, Three or more Spaces
Year Built2022
HeatingCentral
CoolingCentral Air
MLS #2430142
StatusActive

About 7710-60 N Coronet Ct

$16,800 per month in potential gross income - all 3 bed 2.5 bath units renting for max $1,400/mo each. Ten out of twelve units occupied. Fully renovated 12-unit apartment complex at 7710-60 North Coronet Court in New Orleans, LA, offers a lucrative opportunity with a potential monthly rent of $16,800, ensuring a robust and immediate cashflow. The current monthly income of $13,307 supasses the 1% rule. The property contains three (3) fully renovated, 2-story buildings that each contain four (4) units. Each unit is approximately 1,263 sf and contains 3 bedrooms and 2.5 bathrooms. There are few properties in the New Orleans East market that offer fully renovated 3 bedroom 2.5 bathroom apartments, making this a highly sought after destination for tenants. Overall, thisis a solid investment opportunity with high inplace cash flow and a great addition to a multifamily portfolio.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2022
  • Stories: 2
  • Living Area: 15,156 SqFt

Listing Office:

  • Office Name: Bridgewater Realty Advisors, LLC
  • Office Phone: (504) 298-8631
  • Listing Agent: Bryce Danna-Marullo
  • Agent Phone: (504) 301-5583

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 12
  • Full Bathrooms: 24
  • Total Bedroom Count: 36

Exterior Features

Parking Information:

  • Parking: Off Street, Parking Lot, Three or more Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • McDonogh #35 College Preparatory School, Public District Grades 9-12
  • Eleanor Mcmain Secondary School, Public District Grades 7-12
  • Benjamin Franklin Elementary Math and Science, Public District Grades PK-8
  • Mahalia Jackson Elementary School, Public District Grades PK-2
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,165,000
  • Price Per SqFt: $77/SqFt
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

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New Orleans, LA

City

Med. Sold Price

$329.1K

Med. Price/SqFt

$192

Avg. Days On Market

67

# of Sold Homes

279

7710-60 N Coronet Ct vs New Orleans

77 DAYS ON ROCKET

+10 Days

$1,165,000

+$835.8K More

$77/SqFt

-$115 Less

KEY TAKEAWAY

This property is $835.8K more than the Median Sold Price and $115/SqFt less than other homes in New Orleans, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2430142

Listing Office:

  • Office Name: Bridgewater Realty Advisors, LLC
  • Office Phone: (504) 298-8631
  • Listing Agent: Bryce Danna-Marullo
  • Agent Phone: (504) 301-5583

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Last updated on: 4/30/2024, 7:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$5,882

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3884986
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 7.71 miles

  • Public District Grades PK-2

school-card-donut-3884987
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 7.72 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3884988
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 9.83 miles

  • Public District Grades PK-8

High School

school-card-donut-3884989
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 5.48 miles

  • Public District Grades 9-12

school-card-donut-3884990
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 8.82 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,019. Most New Orleans, LA residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7710-60 N Coronet Ct

What is the listing price of this property?

The listing price of 7710-60 N Coronet Ct property is $1,165,000.

What type of property is this?

The property 7710-60 N Coronet Ct is a condo located in New Orleans, Louisiana, 70126.

Is this property for sale now?

Active Listing: 7710-60 N Coronet Ct is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7710-60 N Coronet Ct are:
Mahalia Jackson Elementary School: GreatSchools Rating 2/10
Mary Bethune Elementary Literature/Technology: GreatSchools Rating 5/10
Benjamin Franklin Elementary Math and Science: GreatSchools Rating 4/10
McDonogh #35 College Preparatory School: GreatSchools Rating 2/10
Eleanor Mcmain Secondary School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 7710-60 N Coronet Ct has 36 bedrooms and 24 full and 12 half bathrooms.

What is the square footage of this property?

The property 7710-60 N Coronet Ct is 15,156 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7710-60 N Coronet Ct is 2022.

Rocket Homes›Louisiana›Orleans County›New Orleans›70126›7710-60 N Coronet Ct

This home is located at 7710-60 N Coronet Ct in New Orleans, LA and zip code 70126 in the New Orleans East Area neighborhood. This 15,156 square foot home was built in 2022. Features: 36 bedrooms, 36 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $1,165,000.

Over 30 listings were sold over their listed price in March 2024 in New Orleans, LA. In the same period over 206 listings were sold below the listed price and 43 listings were sold for the listed price. The number of homes for sale in New Orleans, LA increased by 16.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $329,132, while the average time on the real estate market was 67 days.

From Rocket Homes Real Estate and based on county public records data.

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