43820 Culebra Lane
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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 |
|---|---|---|---|
| Jul 19, 2023 | No longer available | - | |
| No longer available | |||
| Jun 15, 2023 | In contract | - | |
| In contract | |||
| May 5, 2023 | Listed by Redfin Corporation | $1,290,000 | |
| Listed by Redfin Corporation | |||
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Exquisite modern, custom built and remodeled home in the historic BermudaDunes CC with million-dollar views of the 11th, 12th,13th fairways, vaulted ceilings and Chocolate mountains. This 17,860 sq ft lot includes pool and spa with approximately 3,926 sq.ft. of living space and 3 finished garages. Property shows like an estate and was designed by John Robert Bund (blueprints available). The second owners completed extensive upgrades including oversized floor tiles, hardware, modern light fixtures and fans, and new windows. Walls were removed in the dining room and kitchen to enhance views. Home is bright and meticulously maintained. Kitchen is upgraded with quartz countertops, high end appliances, 70 bottle wine fridge, coffee station and walk-in pantry. Step-down bar has new monogram fridge with ice maker and dishwasher. Bedrooms and baths are updated with high-end sinks, countertops, fixtures, smart Kohler heated/bidet toilets. Primary bathroom creates a spa-like experience with custom soaker tub and wifi controlled double shower. Remotes control fireplace, window coverings, pool equipment, and HVAC system. Elevated yard has gas fire pit and private alcoves for outdoor living and golf viewing. Pool and spa have new heater, filter, pump and pool cleaner. Situated at the end of a cul de sac with personal golf course access, this is a must see home! HOA includes 24 hour gated security, cable, internet, and is in IID district. The manager has listed the unit size as 3926 square feet.
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| Mar 17, 2021 | Sold | ||
| Sold | |||
| Jan 9, 2021 | Listed by HK Lane Real Estate | $769,000 | |
| Listed by HK Lane Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017