50565 Monterey Canyon (Lot 5028) Drive
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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 21, 2026 | Sold | ||
| Sold | |||
| Dec 20, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Listed by Epique Realty | $625,000 | |
| Listed by Epique Realty | |||
| | |||
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A Pristine Oasis offered by a Motivated Seller! Bring Your Offer! Luxury Living for 55+. This home provides a private retreat with exceptional indoor and outdoor living spaces designed for entertaining and quiet enjoyment. 2 Bedrooms and a Den, 2 Bathrooms, and a Great Room Concept with Kitchen, Dining Area and Living Room all open to the stunning backyard. Enjoy this Desert Haven with the panoramic 15' sliding door that seamlessly blends the interior and exterior. This is your opportunity to enjoy a lock and leave lifestyle seasonally or revel in the tranquil sanctuary all year round. When you enter the beautiful glass front door, you are embraced with a light and bright airiness. Gorgeous tile flooring anchors the main living areas and brings you to the Kitchen, a Chef's dream with upgraded white cabinetry, a white quartz counter, premium stainless steel appliances and handy pantry. The generous island creates an inviting area for hosting friends and family - you make your culinary favorites and they can pull up a seat to watch and partake! The living and dining areas are spacious and the 9+ foot ceilings add to the open feel. The backyard features a covered patio and lovely lush mature landscaping. Use the remote control drop-down screen for additional shade if needed. Privacy is yours as a lovely walking path and open space winds its way behind your yard with no neighboring home directly behind the wrought iron fencing. The primary bedroom with ensuite has a bay window upgrade, newer plush wool carpeting, and has a French door just outside the bedroom door with direct access to the backyard. The primary bathroom fulfills your desires with dual sinks, walk-in custom closet and an idyllic tiled shower for an indulgent bathing experience. The guest bedroom with plush wool carpeting is adjacent to the guest bath for privacy and ease. The Den is your home office, perhaps a music room or a hobby space - you decide! The laundry room is well-placed between the kitchen and garage. The Trilogy Polo Club resort atmosphere and all its amenities are available to you with the option to purchase a Transfer Club Membership at $1,875 + $210/month including pickleball, tennis, bocce ball, indoor golf simulator, social activities, dining at June Hill, resort pool, lap pool, fitness center. Old Town La Quinta shopping and dining, Golf and Empire Polo all nearby. Unlock the door to your new beginning!
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| Oct 29, 2025 | Price Decreased |
$625,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Oct 15, 2025 | Price Decreased |
$634,900
↓ $15K
(2.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017