53245 Avenida Martinez
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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.
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 |
|---|---|---|---|
| May 20, 2026 | Sold | ||
| Sold | |||
| May 1, 2026 | In contract | - | |
| In contract | |||
| Sep 2, 2025 | Listed by Realty One Group West | $975,000 | |
| Listed by Realty One Group West | |||
| | |||
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Exquisite Remodeled 5-Bedroom Estate in the Heart of La Quinta in the highly desirable, La Quinta Cove. A rare offering, this beautifully re imagined 5-bedroom residence rests on an expansive double lot, seamlessly blending elegance, functionality, and the best of desert living. The property boasts a generous four-car garage and dedicated RV parking, providing unparalleled versatility and convenience. Inside, sophisticated tile flooring flows gracefully throughout, accentuating soaring ceilings and an open-concept design that is perfect for both grand entertaining and everyday living. The kitchen and bathrooms have been meticulously remodeled, featuring contemporary finishes paired with timeless design elements, creating spaces that are as stylish as they are functional. Flooded with natural light, the home’s interiors evoke warmth and sophistication, while the expansive layout ensures comfort and privacy for family and guests alike. Whether envisioned as a full-time residence or an exceptional investment opportunity, this home presents a lifestyle of luxury and ease. Ideally located near world-class golf, shopping, dining, hiking, and biking trails, this property captures the very best of the La Quinta lifestyle.
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| Sep 11, 2020 | Sold | ||
| Sold | |||
| Jan 10, 2020 | Listed by Coldwell Banker Res-Murrieta | $689,000 | |
| Listed by Coldwell Banker Res-Murrieta | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017