53780 Avenida Cortez
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 |
|---|---|---|---|
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Nov 1, 2020 | Listed by HomeSmart | $724,900 | |
| Listed by HomeSmart | |||
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Newly constructed in 2018 by Builder as ''personal residence''. Attention to detail and extras that only a Builder would include in a labor of love. Perched high in the La Quinta Cove on premium lot with Million Dollar Views of the Santa Rosa mountains to the west / south and panoramic views of the Shadow Hills to the north. Views flow in through a tall wall of glass in the Great Room. Modern design includes multiple celestial windows throughout that bring in blue skies, views and light! Builder spared no expense in using top of the line plumbing fixtures, custom lighting, superior craftmanship and finishes. Granite waterfall island draw guests to watch the chef master the professional stainless appliances. Designer tile floors throughout. High end designer carpeting in all bedrooms framed by custom milled baseboards. Modern cabinetry and marble tops throughout. Extra insulation in ceilings along with premium windows make for a very energy efficient structure. Builder had foresight to install all necessary conduits on the roof to Main Panel and to Electric Charge Station in garage for future Solar System. Stay healthy and join neighbors / visitors on the nearby hiking/biking trails then relax with friends /family around the pool to take in the breathtaking sunset views or sit by the multicolor electric fireplace and enjoy the show. Old Towne La Quinta is a short trip down the hill. Enjoy Farmer's Market, Cafes and charming shops. No HOA bills! Short term rentals OK
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| Mar 8, 2018 | Sold | ||
| Sold | |||
| Feb 9, 2018 | Listed by Capitis Real Estate | $484,900 | |
| Listed by Capitis Real Estate | |||
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Wow, a million-dollar view for a fraction of the price. Brand new construction, with a contemporary flair featuring an open floor plan of indoor and outdoor living. Enjoy the pool and spa with stunning mountain views as your backdrop. Custom fireplace, waterfall style island and subway tile backsplash are just a few of the distinct qualities. This home also has a high efficiency tank-less water heater and is ready for solar, you just need to add the equipment. Master bedroom has a custom tiled shower with both rain and standard shower heads, dual vanities, walk in closet and your own slider out to the back. All the bedrooms and closets will have carpet in them. Take pleasure in gorgeous sunsets on the covered patio after a day of hiking, dining, shopping, art fairs, farmers markets, music festivals and much more. Call for your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017