46775 Highland Palms Drive
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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 |
|---|---|---|---|
| Jul 15, 2020 | Sold | ||
| Sold | |||
| Feb 26, 2020 | Listed by HK Lane Real Estate | $439,000 | |
| Listed by HK Lane Real Estate | |||
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The ONLY mountain side home available in the highly coveted Highland Palms area in La Quinta. The Location is supurb, if you are looking for a walk friendly, non-gated community, that is also across the street from the new La Quinta Cinema, Target, Lowes, and Trader Joe's. Impeccably maintained, this 3 bedroom, 2 bathroom home boasts tile floors, as well as natural wood in the bedrooms, slab granite counters & Whirlpool appliances in the spacious kitchen, PLUS an extended Garage with built-in work shop area.
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| Apr 27, 2018 | Sold | ||
| Sold | |||
| Apr 5, 2018 | Listed by HK Lane Real Estate | $331,500 | |
| Listed by HK Lane Real Estate | |||
| | |||
|
The ONLY home available in the highly coveted Highland Palms area in La Quinta. The Location is supurb, if you are looking for a walk friendly, non-gated community, that is also across the street from the new La Quinta Cinema, Target, Lowes, and Trader Joe's. Impeccably maintained, this 3 bedroom, 2 bathroom home boasts tile floors, slab granite counters & Whirlpool appliances in the spacious kitchen, PLUS an extended Garage with built-in work shop area. Drought tolerant Landscape. Offered Furnished. Don't miss this one; it will not last!
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About La Quinta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017