53700 Avenida Vallejo
About This Property
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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 |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by Re/Max Desert Properties | $495,000 | |
| Listed by Re/Max Desert Properties | |||
| Oct 20, 2022 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by Berkshire Hathaway HomeServices California Properties | $449,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Back on the market as previous buyer did not qualify for the loan. A rare 3-bedroom, 3-full bathroom in the higher end of La Quinta Cove with a very unique floor plan that the rooms surround the courtyard. This is a home with double master concept. The master-bedroom has a huge walk-in closet with a double-sink. The second bedroom has a full bathroom attached and an over sized closet. Both of these bedrooms have a direct access to the courtyard. The specious kitchen with a peek-a-boo mountain view is open to the huge dining/living area for family and friends to be entertained. This home has been lightly facelifted with fresh paint and brand new carpet. The washer/dryer access has been established inside. The screen doors facing the courtyard have been re-screened and new ceiling fans in the living room and the master bedroom have been installed. The recess lights in the kitchen has been added for a new brighter look, yet there are many areas you can upgrade. A good sized front yard awaits for a beautiful pool and spa. The bathrooms and the kitchen can be renovated with a granite/quartz countertops and new flooring. With your creative imagination, you can make this home truly shine. Close to a park off Eisenhower Drive and a hiking path. Downtown Old La Quinta has nice shopping and dining areas. This would be perfect for your first home or investment. Open this Sat/Sun from 11-2. Hope to see you there!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017