44125 Ocotillo Drive
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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 |
|---|---|---|---|
| Sep 24, 2021 | Sold | ||
| Sold | |||
| Aug 20, 2021 | Listed by Windermere Homes & Estates | $775,000 | |
| Listed by Windermere Homes & Estates | |||
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If you are looking for the perfect North La Quinta home with 4 bedrooms, 3 car garage, pool/spa, on a quiet cul-de-sac with no monthly HOA.....THIS IS IT!!!Welcome to Rancho Ocotillo, a very desirable neighborhood with over-sized lots located steps from the top-rate IB World schools and is just minutes from dining, shopping, fire station, AND quick freeway access! This home will knock your socks off with the grand feel from the vaulted ceilings, the fresh paint throughout, new premium vinyl plank floors, new baseboards, Nest AC, granite counters, and more! The kitchen is open to your family room and offers a breakfast nook for informal dining that has a view to your amazing rear yard and pool! Staged currently as a living room, you can also add a chandelier and make a formal dining room around the corner which is adjacent to your stylish wet bar and see-through fireplace. The primary bedroom offers nice privacy with its location on one side of the home, and the other 3 bedrooms on the opposite wing. Guests have access to the powder bath near the entry. Private laundry room with sink and convenient 3 car garage,. Now lets talk about your back yard. This yard is WOW features a large sparkling pool/spa set up for salt-water to enhance your experience which is softer on your skin and hair, mature landscape, covered wrap-around patio, and built in BBQ island! Lower utility bills on IID district! Staging furniture is available for purchase outside of escrow.
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| Mar 12, 2021 | Sold | ||
| Sold | |||
| Jan 13, 2021 | Listed by Desert Gate Real Estate | $670,000 | |
| Listed by Desert Gate Real Estate | |||
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Stunning property located in the heart of La Quinta. The interior boasts an open floor plan with an upgraded kitchen to include granite slab counter tops, top of the line stainless steel appliances, dark rich cabinetry and more. Gorgeous wood french doors, built in bar, ceiling fans, see though fireplace and an upgraded master bath. Back yard is an entertainers dream with a built in BBQ and a private pool/spa.
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| Dec 31, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017