48612 Casablanca Street
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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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | Listed by Keller Williams Realty | $675,000 | |
| Listed by Keller Williams Realty | |||
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Welcome home to Rincon - a popular development in south Indio. Tucked away off Jefferson Street, a flowering, shady courtyard invites you to enter the furnished oasis of four bedrooms and two baths, in 2008 sq ft. Step in and view through the large living room, open plan family room and kitchen, the gorgeous private pool, raised spa, Alumawood shade structure, outdoor fireplace set for gatherings and counter space for your dream outdoor kitchen - enveloped by lush flowers and greenery. The interior exudes warmth with shutters, vaulted ceilings, and a delightful blend of porcelain tile and wood-style floors. The family room beckons with a welcoming fireplace and sliders to the pool. The kitchen, adorned with granite tile countertops and stainless steel appliances, invites culinary adventures. Retreat to the spacious primary bedroom, with sliders to the pool, shower, soaking tub and WC. Previously a thriving Airbnb, this home has proven its versatility and effortlessly adapts to your lifestyle. Everyday amenities are located nearby in La Quinta's shopping destinations. Welcome home to a place where comfort reigns supreme and is free from the confines of an HOA. This is more than just a house--it's a haven, ready to embrace you in its warm embrace and create memories that will last a lifetime.
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| Dec 16, 2014 | Sold | ||
| Sold | |||
| Jul 19, 2014 | Listed by The Venterra Group | $315,000 | |
| Listed by The Venterra Group | |||
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Great location in a well established neighborhood. 4/2 with a pool and large side yard to for RV storage. Owner ready to relocate out of the desert and will look at all offers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017