51545 Avenida Ramirez
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 |
|---|---|---|---|
| Jan 29, 2026 | Sold | ||
| Sold | |||
| Dec 30, 2025 | In contract | - | |
| In contract | |||
| Dec 16, 2025 | Price Decreased |
$490,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Nov 15, 2025 | Listed by Century 21 Affiliated Fine Homes & Estates | $510,000 | |
| Listed by Century 21 Affiliated Fine Homes & Estates | |||
| Apr 21, 2025 | Listed | $529,999 | |
| Listed | |||
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This single story residence offers 3 bedrooms, 2 bathrooms, and a generous 1451 sq ft of living space, nestled in La Quinta Cove with a small back patio leading to the pleasant green back yard, you will enjoy a private clean enjoyable backyard. With its inviting curb appeal, featuring low maintenance rock landscaping, hedges, a front sitting area featuring lots of green landscaping with a convenient attached 2 car garage, this property is sure to make a lasting impression. Inside, discover a welcoming nice floor plan where the living room welcomes you with tile flooring, high ceilings and abundant natural light streaming through the windows. The kitchen features a spacious wood Island, stainless steel dishwasher and refrigerator, gas burning stove with oven with stainless steel hood, ample cabinetry, a stylish subway tile backsplash, and generous counter space, while the master room sliding glass door provides access to the backyard. The hallway leads to the bedrooms and bathroom The hallway bathroom features a tub/shower, tile flooring, single vanity sink with ample countertops. The two additional bedrooms provide ample space, each with unique features. Closets and carpet flooring. Each feature a window. The master suite featuring laminate flooring. While the versatile side yards provide a blank canvas, ready for your personal touch. This property is conveniently located near major highways, shopping, dining, and entertainment, making it the perfect home for desert living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017