48621 Calle Esperanza
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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 20, 2020 | Sold | ||
| Sold | |||
| Jan 7, 2020 | Listed by Yazel and Associates Inc | $372,900 | |
| Listed by Yazel and Associates Inc | |||
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Located in the beautiful and popular gated development of Laguna De La Paz. Great open floor plan of 1852 sq.ft. with 3 bedrooms and 2 baths with formal dining room. Fireplace in living room, security system, ceiling fans, and attached 2 car garage with built-in storage. Large covered patio in the rear of the home with great Mountain view and a variety of citrus trees. This Resort style development has a 7 acre lake to enjoy, clubhouse, 15 community pools, tennis courts, pickleball courts, fitness center and sauna, golf putting area, and community walking paths to enjoy this desert wonderland. Conveniently close to La Quinta old town, and to businesses on Hiway 111.
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| Mar 18, 2015 | Sold | ||
| Sold | |||
| Dec 15, 2014 | Listed by Lake Laguna Realty | $315,900 | |
| Listed by Lake Laguna Realty | |||
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Located within the resort style neighborhood of Laguna de la Paz with 15 pools, tennis courts, seven acre lake and beautifully landscaped and manicured grounds. Quiet, private, and serene with wonderful mountain views best describe this roomy pie shaped lot. This well maintained and bright three bedroom home has lots of south and west facing windows. Complete with custom garage and walk-in closet cabinets for lots of storage.
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About La Quinta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017