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53125 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 |
|---|---|---|---|
| Jul 28, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Price Decreased |
$457,000
↓ $12K
(2.6%) | |
| Price Decreased | |||
| Mar 15, 2025 | Listed by Weichert Realtors-Preferred | $469,000 | |
| Listed by Weichert Realtors-Preferred | |||
| | |||
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Charming La Quinta Cove home, featuring 3 bedrooms and 2 bathrooms, that is ready for you! Recently updated with a new roof, energy-efficient AC unit, waterproof laminate flooring throughout, and fresh interior and exterior paint. These are just a few of the upgrades. Nestle up after those long days in front of the wood-burning fireplace. Granite countertops highlight the open kitchen. Situated in a sought-after location, you are moments away from world-class golf, scenic hiking and biking trails, and the vibrant shops and restaurants of Old Town La Quinta. Whether you are an outdoor enthusiast or love to explore the best dining and shopping experiences, this home offers the perfect balance of comfort and convenience. No HOA fees and located in the IID electric district. Don't miss out on this move-in ready home in one of La Quinta's most desirable areas. Schedule your private tour today!
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017