10 months on rocket

Backup Offers

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

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 Built1974
HeatingCentral
CoolingCentral Air
MLS #2430142
StatusAccepting Backup Offers
(Active Under Contract)

About 7710-60 N Coronet Ct

5.00% INTEREST RATE SELLER FINANCING available. Reach out for additional terms. $16,007 per month in gross income - all 3 bed 2.5 bath units renting for max $1,400/mo each. FULLY 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 $16,007, ensuring a robust and immediate cashflow. The current monthly income of $16,007 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: 1974
  • 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

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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

7710-60 N Coronet Ct vs New Orleans

309 DAYS ON ROCKET

+233 Days

$1,165,000

+$837.3K More

$77/SqFt

-$113 Less

KEY TAKEAWAY

This property is $837.3K more than the Median Sold Price and $113/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

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/19/2024, 2:20:54 AM 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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NMLS#3030

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.

Nearby Schools

school-card-donut-142972
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 0.98 miles

  • Public Charter Grades PK-6

school-card-donut-142973
6
/10

  • Einstein Charter at Sherwood Forest

  • 4801 Maid Marion Dr

  • 2.78 miles

  • Public Charter Grades PK-5

school-card-donut-142974
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 3.34 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,019. Residents of New Orleans, LA typically earn less than $35k each year. The most common type of family is 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?

Accepting Backup Offers: 7710-60 N Coronet Ct is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

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 1974.

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 1974. 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 29 listings were sold over their listed price in November 2024 in New Orleans, LA. In the same period over 161 listings were sold below the listed price and 41 listings were sold for the listed price. The inventory of homes for sale in New Orleans, LA between October 2024 and November 2024 increased by 6.2%. While the average time on the market in November 2024 was 76 days, the median list price was $327,611.

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

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