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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%.
How much can I actually make?
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 |
|---|---|---|---|
| Jan 14, 2026 | Listed by KeyClub Realty | $195,000 | |
| Listed by KeyClub Realty | |||
| Apr 9, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by Desert Sotheby's International Realty | $90,000 | |
| Listed by Desert Sotheby's International Realty | |||
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Terrific opportunity to build your desert home in the scenic La Quinta Cove. Best value in the neighborhood, this undeveloped lot is centrally located and close to Old Town La Quinta shops & restaurants. Come discover what the cove has to offer.
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| Feb 5, 2021 | Sold | ||
| Sold | |||
| Dec 11, 2020 | Listed by The Firm Commercial Referrals | $110,000 | |
| Listed by The Firm Commercial Referrals | |||
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Great undeveloped, residential lot in very attractive La Quinta Cove. Prime land for building a single family house in a very hot and popular area! Close to the shops and restaurants of quaint Old Town La Quinta, and close to beautiful hiking trails with spectacular views.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017