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44685 San Luis Rey Avenue
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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.
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 |
|---|---|---|---|
| Feb 9, 2022 | No longer available | - | |
| No longer available | |||
| Jan 18, 2022 | In contract | - | |
| In contract | |||
| Jan 13, 2022 | Listed by RE/MAX Consultants | $459,995 | |
| Listed by RE/MAX Consultants | |||
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Centrally located, close to El Paseo and many other attractions the desert has to offer. This home boasts 3 bedrooms, 2 baths, and sits on a large corner lot. Once you enter the front door you are greeted with an open living room, beautiful natural lighting and a brick fireplace that accents the charm and warmth of this home. The chef in the family will love the kitchen with plenty of room for entertaining, refinished cabinetry, and updated with new hardware. Both bathrooms have tiled showers and there is no carpet in the home. You will also notice the nice flow into the kitchen and then out to the backyard with a covered patio and oversized yard great for the kids, dogs, or just family and friends to get together with an incredible mountain view. Some other notable upgrades would include, new interior paint, hot water heater and ceiling fans in all the bedrooms. The underground sprinkler irrigation has been updated and custom window treatments for the front windows and skylights have been added. Come get your first look this weekend Sat & Sun, 11-2 during the open house. The manager has listed the unit size as 1452 square feet.
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| Feb 4, 2020 | Sold | ||
| Sold | |||
| Oct 2, 2019 | Listed by Desert Gate Real Estate | $329,000 | |
| Listed by Desert Gate Real Estate | |||
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Beautiful home on a corner lot that has recently been upgraded. The interior is open and spacious with wood/tile flooring, granite kitchen counter tops, newer kitchen cabinets, ceiling fans, fireplace and much more. Long driveway and a good sized back yard!!
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About Palma Village Groves
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017