50195 Via Simpatico
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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 |
|---|---|---|---|
| Dec 8, 2020 | Sold | ||
| Sold | |||
| Nov 30, 2020 | Listed by HomeSmart | $930,000 | |
| Listed by HomeSmart | |||
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Stunning views from this lakeside property. You can have it all. This is the view everyone wants! Beautiful south lake and mountain views, lots of sun on the patio to take in and enjoy the wonderful desert climate. Located on one of the ''prized' lots in the award winning development of Palmilla in La Quinta. This home has electric awnings and blinds, commercial grade misting system, courtyard fountain, granite countertops gorgeous cherry wood cabinets, 10ft ceilings. Resort-like master bath has a soaking tub, two master walk-in closets and steps out to very private in-ground hot tub. Decorator touches include built-in entertainment center in Great Room and custom paint. This home has an additional room that can be used as a den, office or formal dinging room and a private casita for your guests to enjoy. The sunken bar off the great room offers an anchor point for your guests to take in the breathtaking beauty from every angle that you look. 10ft tall sliding walls of glass slide open and stack to allow easy access to the built in BBQ island and Pebble finished salt water pool with water features. The patio wraps around the property and is beautifully landscaped with pavers throughout. Custom landscape lighting transforms this property into a magical place in the evenings. Rarely do properties like this come on the market. Once you have a special gem or treasure like this, you tend to hold onto it forever. Architectural Trophy Home could be yours to enjoy and share!!!
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About Palmilla
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017