51611 Avenida Rubio
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 |
|---|---|---|---|
| Nov 16, 2023 | No longer available | - | |
| No longer available | |||
| Jul 31, 2023 | Listed by Desert Area Property | $479,000 | |
| Listed by Desert Area Property | |||
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This home boasts a spacious 4 bedroom nestled at the bottom of the La Quinta Cove. Take a sunset walk or mountain bike ride on nearby Walking/ biking path. Private outdoor haven with breathtaking mountain views. Relax at home or stroll to Old Town La Quinta to enjoy shopping, restaurant's while connecting with a real sense of community. Perfect for investor or first time home buyer. Currently rented with excellent tenants on a month to month lease. Please call to make an appt to see inside. Showing time available Thursday afternoon 10-26-23 call for specific time. The manager has listed the unit size as 1522 square feet.
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| Jul 9, 2014 | Sold | ||
| Sold | |||
| Apr 28, 2014 | Listed by RE/MAX Consultants | $210,000 | |
| Listed by RE/MAX Consultants | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017