51360 Avenida Herrera
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%.
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 |
|---|---|---|---|
| Jun 27, 2016 | Sold | ||
| Sold | |||
| Apr 7, 2016 | Listed by RE/MAX Consultants | $264,500 | |
| Listed by RE/MAX Consultants | |||
| Nov 25, 2013 | Sold | ||
| Sold | |||
| Aug 1, 2013 | Listed by California Lifestyle Realty | $223,500 | |
| Listed by California Lifestyle Realty | |||
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This is a Wonderful Home in La Quinta Cove within walking distance to Old Town La Quinta, Hiking Trails, Schools and Shopping. The Home has been tastefully Remodeled three years ago. Natural Maple cabinets have been installed in the Kitchen as well as Bathrooms...all with Granite Counters. Kitchen appliances are Stainless and include Jenn-Air Double Ovens, Dishwasher, and Stunning Hood over the Gas Range. In addition to the Three Bedrooms there is a Private Office with French Doors off the Hallway. The back yard is a Great Space for Entertaining complete with a built-in BBQ and covered patio. Do Not Hesitate as this Home will sell quickly!Owner is a Licensed Real Estate Agent
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017