42765 Ponte Court
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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%.
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Keller Williams Luxury Homes | $525,000 | |
| Listed by Keller Williams Luxury Homes | |||
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The ONE TO SEE! Check out this rare-to-market Palermo floor plan at gated Terra Lago! An impressive list of upgrades takes things to the next level both inside and out. Be it full-time, seasonal, or investment, this 3-bedroom + 2-bath home delivers the desert good life with its fantastic outdoor living.The SHORT TERM RENTAL friendly HOA is another perk! Proximity to the clubhouse and resort-style pools makes all the difference as well. The main living areas enjoy effortless flow, lots of natural light, and a great mix of dining/conversation areas. You'll find the handsome fireplace plays perfectly in the living room. Bedrooms enjoy a nice separation with the Ensuite Primary opening to the covered patio. The ensuite bath features a separate tub and shower, dual vanities, plus walk-in closet. Guest Bedroom #2 is just adjacent to a full bath. Guest Bedroom #3 is currently enjoyed as a den. Heading outside, a series of pergolas help set this private backyard apart with its Jacuzzi tub, newer tile underfoot, mountain views, and destination-style fire pit. Notable landscape and hardscape improvement as well! Onto the beautifully tiled garage featuring convenient built-in storage plus tandem configuration on one end for either a golf cart or more storage. The nearby Golf Club at Terra Lago consists of 36 challenging holes with dramatic elevation changes and stunning views. Outstanding hiking nearby at Badlands Trail plus famed music festivals Stagecoach and Coachella are a short hop away. Enjoy it all.
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| Apr 30, 2019 | Sold | ||
| Sold | |||
| Mar 16, 2019 | Listed by Nilson Realty | $310,000 | |
| Listed by Nilson Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017