53835 Avenida Herrera
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 |
|---|---|---|---|
| Jun 8, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by C 21 Coachella Valley RE | $420,000 | |
| Listed by C 21 Coachella Valley RE | |||
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Welcome to the beautiful city of La Quinta. This home is nested in the La Quinta Cove. It boasts pride of ownership and is well maintained. This home comes equipped with stainless steel appliances, nice kitchen countertops and cabinets, an open floor plan, and spacious bedrooms. The backyard is equipped with a beautiful sparkling swimming pool perfect for taking in the panoramic mountain views while enjoying your favorite drink. Make your appointment today. It is conveniently located near Old Town La Quinta which has great restaurants and shops.Do not miss the opportunity to buy this beautiful property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017