51680 Avenida Herrera
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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 |
|---|---|---|---|
| Sep 30, 2021 | Sold | ||
| Sold | |||
| May 9, 2021 | Listed by New Century Realty & Investmen | $385,000 | |
| Listed by New Century Realty & Investmen | |||
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**HOME JUST FELL OUT OF ESCROW AFTER OVER TWO MONTHS at $430,000 B/C BUYERS COULD NO LONGER OBTAIN LOAN APPROVAL** Sellers want home SOLD**JUST DROPPED PRICE $46,000 even though Properties estimated VALUE is AT $427K**This Beautifully Remodeled Residence is located in the Heart of La Quinta Cove! No HOA and NO MELLO ROOS! This Open floor plan features 3 Bedrooms and 2 Full Baths. Modern Galley Kitchen with a mosaic back-splash, Stainless Steel Appliances. The kitchen has Plenty of counter space & cabinetry for all of your storage needs. Spacious Bedrooms, and 2 full remodeled bathroom. Another plus is the washer & dryer hookups are located in the house and NOT the garage. Big spacious Backyard with covered Patio is ready for your personal touches. This beautiful home is close to some of the Best Restaurants, Shopping & Entertainment this valley has to offer. Plus La Quinta Cove offers paved pathways for biking and trails for walking or hiking. La Quinta Cove is Close to Community Park and SilverRock Resort. **NO MELLO ROOS, NO HOA. Property is being sold in as-is condition, where is with no warranties either expressed or implied. Specific zoning should be independently verified.
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| Apr 28, 2016 | Sold | ||
| Sold | |||
| Mar 25, 2016 | Listed by Keller Williams Realty | $229,900 | |
| Listed by Keller Williams Realty | |||
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Contact me to see this clean, re-newed and ready-for-your-interior-design home. Open floor concept and galley kitchen with stainless steel package make it easy to entertain or hang out with friends. Sliding door leads to a covered patio and a spacious backyard. Great features include a laundry niche, updated bathrooms and mosaic back-splash. Enjoy the many benefits of living in the La Quinta Cove with paved pathways for walking / biking along the mountains or rugged trails that offer vistas of La Quinta and beyond. Note to Buyer's : We have more homes like this coming if this one is gone give me a call and ask about our inventory...
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| Dec 11, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017