48850 Avenida Anselmo
About This Property
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What does this mean?
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 |
|---|---|---|---|
| Nov 29, 2024 | Listed | $1,750,000 | |
| Listed | |||
| | |||
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This stunning Mid-Century estate in the iconic La Quinta Country Club offers a rare opportunity to own a piece of history. Surrounded by majestic olive and palm trees, the property boasts meticulously landscaped grounds that are simply breathtaking. Enter through a unique, eye-catching gate into a private courtyard featuring a 5-hole putting green, covered sitting area, and glass doors framing mountain views. Inside, the beautifully designed kitchen overlooks the dining and living areas, featuring elegant Thermofoil cabinets, frosted glass, quartz counters, high-end appliances, and a 300-bottle wine fridge. Clerestory windows, vaulted ceilings, and floor-to-ceiling picture windows create an open, airy feel. The master suite is a serene retreat, with sliding glass doors opening to lush greenery and tranquil night lighting. The detached guest house overlooks the sparkling pool and offers a kitchenette and full bath. Outdoors, the expansive backyard is an entertainer's dream, with a large pool, lush landscaping, and panoramic mountain views. This meticulously restored home, with a newly restored white rock roof and freshly painted interiors and exteriors, is a timeless masterpiece.
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| Oct 1, 2021 | Sold | ||
| Sold | |||
| Aug 1, 2021 | No longer available | - | |
| No longer available | |||
| Jul 31, 2021 | Listed by Coulter & Associates, Inc | $1,199,000 | |
| Listed by Coulter & Associates, Inc | |||
| Jul 19, 2021 | Price Decreased |
$1,250,000
↓ $99K
(7.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017