62
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52905 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 |
|---|---|---|---|
| Sep 6, 2026 | Listed by Compass | $669,000 | |
| Listed by Compass | |||
| Jan 28, 2024 | No longer available | - | |
| No longer available | |||
| Dec 16, 2023 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Dec 3, 2023 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Nov 1, 2023 | Listed by Brad Schmett Real Estate Group | $750,000 | |
| Listed by Brad Schmett Real Estate Group | |||
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Nestled in the enchanting La Quinta Cove, this beautifully renovated Spanish-style home epitomizes luxury amidst the desert's natural beauty. Its sought-after location offers breathtaking mountain views, creating a captivating backdrop. Spanning 1,653 sq. ft., this charming haven boasts 3 BDs & 3 full BAs, exuding comfort & sophistication. As you enter, Saltillo tile flooring sets the tone for the grandeur within. The great room, w/ vaulted wood-beam ceilings, exudes elegance. A stunning floor-to-ceiling stone fireplace & inviting seating areas make it perfect for gatherings. The kitchen is a culinary masterpiece, featuring gleaming quartz countertops, custom backsplash, stainless steel appliances & deep well sink. Recessed lighting & a copper-accented ceiling create a cozy yet captivating atmosphere. Each of the 3 BDs offers a private sanctuary with en suite BRs, showcasing Spanish-inspired aesthetics. The primary suite boasts dual vessel sinks, elegant cabinetry, a spacious glass-enclosed walk-in shower & bronze fixtures. The central patio features a serene fountain, ideal for outdoor gatherings. The property includes a front court yard pool w/ spillover spa & stunning mountain views, creating an oasis for relaxation. This home is near hiking trails, perfect for outdoor enthusiasts. Old Town La Quinta, w/ its diverse restaurants & shopping, is just a stone's throw away. Living here is not just about owning a home; it's about embracing a desert lifestyle at its finest. The manager has listed the unit size as 1653 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017