43750 Salpare 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 |
|---|---|---|---|
| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Oct 26, 2023 | No longer available | - | |
| No longer available | |||
| Oct 25, 2023 | Listed by Riverside Inland RE Inc | $874,900 | |
| Listed by Riverside Inland RE Inc | |||
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The ultimate SHORT TERM VACATION RENTAL property! This incredible single level Marquesa plan offers 2595 SF (EST.) of gracious living space, a fabulous upscale resort style pool/patio playground & is situated inside the rental friendly gate guarded community of Terra Lago. A big chunk of this 9,583 SF lot is in the gorgeous East facing backyard which has a huge salt water pool w/stair-step entry & raised spa, gigantic water slide feature, water falls, gas fire pit, artificial grass, putting green, sun bathing areas, swaying palms, striking landscape lighting & beautiful mountain views! The pool was just updated with new tile, pebble tec finish, new jets in the spa, 2 new variable speed pumps & a new gas water heater as well as the existing rooftop solar tubes. The home features 3 bedrooms, 3 baths, a den/office & a 3 car garage with one space currently built-out as a separate work room, still leaving space for a golf cart. This can easily be reverted into a standard full size parking space. The kitchen has granite countertops, stainless steel appliances including double ovens, & a stool height counter that overlooks the great room which has an inviting gas fireplace. The primary bedroom has patio access, dual vanities, a tub, separate shower & a generous walk-in closet. Some furnishings are for sale outside of escrow. Act quickly to make this your own desert oasis or investment! The manager has listed the unit size as 2595 square feet.
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| Jun 29, 2023 | Listed by Riverside Inland RE Inc | $899,000 | |
| Listed by Riverside Inland RE Inc | |||
| | |||
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This incredible property has a single level Marquesa plan that offers 2595 SF (EST.) of gracious living space, a fabulous upscale resort style pool/patio playground and is situated inside the rental friendly gate guarded community of Terra Lago. A big chunk of this 9,583 SF lot is in the gorgeous East facing backyard which has a huge salt water swimming pool w/stair-step entry & raised spa, gigantic water slide feature, water falls, gas fire pit, artificial grass, putting green, sun bathing areas, swaying palms, striking landscape lighting and beautiful mountain views! The pool was just updated with new tile, pebble tec finish, new jets in the spa, 2 new variable speed pumps and a new gas water heater as well as the existing rooftop solar tubes.This desert oasis features 3 bedrooms, 3 baths, a den/office and a 3 car garage with one space currently built-out as a separate work room, still leaving space for a golf cart. This can easily be reverted into a standard full size parking space. The kitchen has granite countertops, stainless steel appliances including double ovens, and a stool height counter that overlooks the great room which has an inviting gas fireplace. Nearby is the dining area. The primary bedroom has patio access, dual vanities, a tub, separate shower and a generous walk-in closet. Some furnishings are for sale outside of escrow. Act quickly to make this your own desert Shangri-la or investment. The manager has listed the unit size as 2595 square feet.
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| Jan 18, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017