48635 Paseo Tarazo
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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 |
|---|---|---|---|
| Jan 23, 2020 | Sold | ||
| Sold | |||
| Dec 4, 2019 | Listed by HomeSmart | $429,900 | |
| Listed by HomeSmart | |||
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Great location in the guard gated lake community of Laguna de la Paz. This 3 bedroom and 3 bath, almost 2000 sq. ft home is on one of the larger pie shaped lots with great mountain views. The large living room, dining room and master look out to your private patio with multiple sitting areas and fire pit. The kitchen has its own eating area. The master suite has room for your king size bed and a sitting area, large walk-in closet, double vanity, separate tub and shower. The other two bedrooms each have their own bath and are separated from the master. The patio backs up to a greenbelt and wrap around mountain views. There are 15 pools, 16 spas , 7 acre lake with electric and paddle boats, work out room, 2 pickle ball and 5 tennis courts. club house and walking trails. Located close to some of the Deserts best resorts and spas, restaurants, entertainment, golf and tennis. Home is being sold furnished.
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About La Quinta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017