53300 Avenida Velasco
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 |
|---|---|---|---|
| Aug 6, 2020 | Sold | ||
| Sold | |||
| Mar 5, 2020 | Listed by Coldwell Banker Realty | $349,000 | |
| Listed by Coldwell Banker Realty | |||
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Fabulous location in La Quinta Cove. This 3 bedroom, 2 bathroom home has been newly remodeled with high-end finishes and offers an open floorplan with a spacious living and dining area and should be on the top of your list. The gourmet kitchen features gorgeous quartz counter tops with tiled backsplash, new cabinets and drawers with lots of storage, new appliances including a new stove and fridge. The Great Room features a grand fireplace and new sliding doors leading to both a front patio and a back patio area, perfect for entertaining. Other features include stylish tile flooring throughout, freshly painted bedrooms and 2 fully remodeled bathrooms with new tiled showers and tiled walls and floating vanities. Outside, relax and enjoy the mountain views from the back patio and enjoy the quiet front patio that was a water feature.
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| Nov 15, 2019 | Sold | ||
| Sold | |||
| Aug 7, 2019 | Listed by RE/MAX TerraSol | $239,000 | |
| Listed by RE/MAX TerraSol | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017