43820 Spiaggia Place
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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 |
|---|---|---|---|
| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Dec 25, 2021 | In contract | - | |
| In contract | |||
| Dec 22, 2021 | Listed by HomeSmart Professionals | $1,050,000 | |
| Listed by HomeSmart Professionals | |||
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On your mark, get set & go!! Savvy investors and primary owners here's an absolute masterpiece of a vacation rental rightfully called the ''Music House'' for sale in the highly sought after community of Terra Lago with no rental restrictions which is a rarity in the Coachella Valley. This property is a successful vacation rental with an experienced property management team at the helm. This vacation rental is being offer turn-key furnished with higher-end furnishings and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $175,000 yearly in vacation rental income and this listing will do the same or more. This lot is a beauty which has an expansive premium corner lot with over 8,000 sqft of land with no neighbors to the south side which is desired. This home has a three car garage, recently renovated backyard with newer linear firepit, custom concrete bench, newer custom built BBQ with sitting area, hanging Edison lights, newer landscaping with artificial turf, large covered patio and multiple seating areas for the perfect backyard to entertain. The interior has a desirable wide open floor plan and kitchen which faces the family room and has gorgeous views of the pool area. There's been recent new upgrades throughout the interior of the home newer flooring, newer paint and many more upgrades which must be seen! The manager has listed the unit size as 2803 square feet.
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| Oct 8, 2021 | Sold | ||
| Sold | |||
| Aug 27, 2021 | Listed by Keller Williams Luxury Homes | $795,000 | |
| Listed by Keller Williams Luxury Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017