43735 Reclinata Way
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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.
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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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by HomeSmart | $515,000 | |
| Listed by HomeSmart | |||
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Nice property in Waring Palms.Original owners have maintained this property well. Open concept with great room and fireplace and TV Niche. High ceilings with pot shelves make ceiling appear even higher. Well appointed floor plan with no wasted space. Den or bonus room is on right and as you enter into living area you encompass a true Great Room adjacent to open kitchen, dining/breakfast bar, dining area and sliding doors that lead to a sunny patio complete with a Alumna Wood Patio cover and patio furnishings are included.Primary bedroom features walk-in closet and separate tub and shower. Two additional guest bedrooms and full guest bath. Hallway is open and extra wide. Large laundry room includes washer & dryer,has access to 3 Car garage with epoxy floors, desert cooler and storage cabinets , for those looking to create a space for hobbies. There is side yard access with a gate for a utility trailer or smaller travel trailer.Front and back yard are desert scape and require little maintenance. Mature fruit bearing citrus trees offer shade.Location is a plus as it offers easy access to La Quinta, Palm Desert and Bermuda Dunes as well to multiple freeway access.NO HOA, Low tax area and lower utility district IID. Walking distance to Elementary School. Short Term Rentals are allowed. First Time buyer programs available.Make this your full-time or Part-time vacation home.Professional photo coming soon.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017