41402 Corte Lante
About This Property
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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 |
|---|---|---|---|
| May 10, 2024 | No longer available | - | |
| No longer available | |||
| Mar 4, 2024 | Price Decreased |
$775,000
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Nov 16, 2023 | Listed by Equity Union Real Estate | $800,000 | |
| Listed by Equity Union Real Estate | |||
| | |||
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Welcome to this HIGHLY UPGRADED gem! Nestled in the desirable Palazzo community of North Indio, this 5-bed, 3-bath haven spans over 3,100 sq ft on a tranquil cul-de-sac. This home features oak wood floors throughout the main level. A chef's dream, the REMODELED KITCHEN has been fully remodeled and boasts quartz counters, double ovens, upgraded cabinetry, and a white and grey herringbone tiled backsplash. The kitchen opens to the living room with its focal point fireplace. Both areas connect to a formal dining and sitting area near the entrance, perfect for entertaining. The first floor also includes a generously sized bedroom and full bath. Upstairs, discover three bedrooms and another full bath, a laundry room with storage, plus an impressive primary suite featuring a spacious closet with built-ins and an en suite bathroom complete with a soaking tub, shower enclosure, and double vanity. Step into the backyard retreat—a covered patio with a dining area, hardscape, and turf create an easy-to-maintain space. The sparkling pool and spa steal the spotlight, offering resort-style living with a sunbathing deck, pebble finish, cascading waterfall, and fountain water features. Offered TURNKEY FURNISHED with high-quality designer pieces. Don't miss the chance to call this North Indio treasure your own! The manager has listed the unit size as 3143 square feet.
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| May 11, 2021 | Sold | ||
| Sold | |||
| Mar 25, 2021 | Listed by HomeSmart | $599,900 | |
| Listed by HomeSmart | |||
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About Indio
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$6,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017