53225 Avenida Velasco
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 4, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by Keller Williams Realty | $740,000 | |
| Listed by Keller Williams Realty | |||
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Here is a unique setting in the La Quinta Cove and a great home especially for outdoor entertaining. This Santa Fe style home is situated on a double lot which is over 10,000 sq feet. You are greeted with a beautiful wood entry door as you enter the home. There is torn style ceramic tile in the main part of the home. The wood burning fireplace and bar area in the living room creates an inviting ambience. The kitchen has been updated with rich looking custom cabinets and exquisite granite counter tops. All the appliances are stainless steel. 6 burner Wolfe stove. Walk in pantry. The three bedrooms have wood style plank flooring. The two full bathrooms were updated with the prior owner. The second bedroom in the back of the home has an entry to the back yard. The master bedroom has a separate free standing soaking tub and shower. The master closet has built in cabinets. The slider doors in the master make it easy to get to the side of the home to enjoy the large pebble-tec pool and raised spa with stunning waterfalls. You will be awe struck with the panoramic views of the mountains from this incredible back yard. A large overhang has been added and the outdoor kitchen is a chef's dream. Party time! The outdoor kitchen includes a propane grill, charcoal grill, a propane Viking stove, a pizza oven, a double sink, an additional single sink and a refrigerator. And there is more....
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| Sep 11, 2018 | Sold | ||
| Sold | |||
| May 14, 2018 | Listed by Thunderbird Realty | $526,000 | |
| Listed by Thunderbird Realty | |||
| May 19, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017