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51830 Avenida Morales
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 |
|---|---|---|---|
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by Bennion Deville Homes | $485,000 | |
| Listed by Bennion Deville Homes | |||
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Your search for a magical desert home is over! This 1950's Pueblo influenced home has been completely modernized with every inch renovated & reimagined with a stylish, modern, sophisticated flair! Surrounded by mesmerizing Santa Rosa Mountain views, hiking trails, & a short distance to Old Town La Quinta with great restaurants, brewery & boutique shops! This beautiful home is design savvy from the moment you enter through the curtains to the chic black & white tiled front patio that makes you feel like you are in a private cabana with artfully designed landscape, enclosed & private front & back patios. This enchanting 2 bedroom, 2 bathroom & approx. 1,000 SF home feels spacious with stylish redesign & inviting outdoor living spaces. Enter the home to the light & bright great room with ambient fireplace and natural tones & travertine flooring throughout the home. Clean & bright modern chefs' kitchen with ample storage features white concrete countertops, newer high end appliances & banquette dining! Door off the kitchen extends your dining space to sleek outdoor dining for BBQing under the covered patio. Bathroom showers feature large tiles & rain shower heads. Master suite has door to back patio perfect for an evening dip in the spa under the stars surrounded by your private lush garden! Don't miss out on this enchanting home, trust us the pictures do not do it justice! Furnishings are negotiable.
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| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 2, 2018 | Sold | ||
| Sold | |||
| May 29, 2018 | Listed | $209,990 | |
| Listed | |||
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You must come see this beautiful La Quinta gem. Nestled in the beauty and serenity of the La Quinta cove, this home features 2 bedrooms, 2 baths, fresh paint, a nice floor plan. Also, enjoy the extra space and privacy of the enclosed front patio, and feel free to explore the many nearby nature trails and gorgeous mountain views that La Quinta has to offer. Come see it today. You'll be glad you did. The manager has listed the unit size as 910 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017