42719 Incantata Place
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 |
|---|---|---|---|
| May 21, 2022 | No longer available | - | |
| No longer available | |||
| May 19, 2022 | Sold | ||
| Sold | |||
| Apr 23, 2022 | In contract | - | |
| In contract | |||
| Apr 21, 2022 | Listed by Riviera West Realtors, Inc. | $699,000 | |
| Listed by Riviera West Realtors, Inc. | |||
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More photos coming soon!!!This beautiful 4 bedroom, 2.5 baths, 2338 SF home is located in the highly desirable gated community of Terra Lago. 3 bedrooms and 1 bathroom are upstairs and the primary suite, with double sink and walk in closet, is downstairs. The home has new interior paint and new carpet. The expansive great room has a spacious kitchen with stainless steel appliances and a large island. The separate front room can be a formal living room, dining room, or den. The patio has a pool, spa, alumawood awning, and mountain views. This home is a perfect investment opportunity for short term rentals or a great family home! Terra Lago is a guarded, gated community with a lake, which is adjacent to the Terra Lago Golf club and has a fitness center, community room, and a ballroom with a catering kitchen available to rent for big events. Enjoy the outdoors by kayaking on the lake or lounging by the pool and spa. Kids can also enjoy a wading pool and playground. Come enjoy the desert lifestyle in this resort style community! The manager has listed the unit size as 2338 square feet.
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| Mar 10, 2022 | Listed by Riviera West Realtors, Inc. | $699,000 | |
| Listed by Riviera West Realtors, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017