51685 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 |
|---|---|---|---|
| Apr 13, 2020 | Sold | ||
| Sold | |||
| Jan 7, 2020 | Listed by Windermere Homes & Estates | $335,000 | |
| Listed by Windermere Homes & Estates | |||
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Absolute doll house!!! This completely remodeled 3 bedroom / 2 bathroom home offers over 1,300 sf. with a large front courtyard which is elevated off the street and a rear yard with INCREDIBLE mountain views. Upon entering this fabulous property you will immediately take notice of the vaulted and beamed ceilings that give the home a grand feel. Additional skylights throughout the home gives the home so much light! All new everything! New tile flooring, new paint, entire new kitchen with new counters and appliances, new carpet in the bedroom, and new bathrooms! This is a great full time or part time residence OR income property with no short term rental restrictions! Great location just walking distance to old town La Quinta with all shops and restaurants! Lower electric district for less expensive electricity!
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| Dec 4, 2019 | No longer available | - | |
| No longer available | |||
| Dec 2, 2019 | Sold | ||
| Sold | |||
| Oct 26, 2019 | Listed | $205,000 | |
| Listed | |||
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Property needs repairs and flooring. The manager has listed the unit size as 1320 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017