53905 Avenida Diaz
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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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by EQTY Forbes Global Properties | $599,000 | |
| Listed by EQTY Forbes Global Properties | |||
| Oct 21, 2020 | Sold | ||
| Sold | |||
| Aug 18, 2020 | Listed by The Agency | $350,000 | |
| Listed by The Agency | |||
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Back on market due to no fault of property. A cool and hip Palm Springs vibe in this recently transformed home. Clean lines, open floor plan, sleek updates are just the beginning. Sellers took the time to open this home from the studs up. Within the past year they replaced the roof, new plumbing and electric, and attic insulation, heating and air conditioning, flooring, walls , landscaping, fencing, and then began the beautiful cosmetic transformation. Custom cabinetry, modern day edgy tile finishes in kitchen and baths, new bathroom fixtures, plus some dramatic wall colors add to the overall decor making this one special place for someone to call home, whether that home be a temporary home away from home on vacation, as a permanent move or as a vacation rental investment. The opportunities are endless. Location is close to Old Town La Quinta, plus hiking paths, public pools and within the Desert Sands School District. A great find for one lucky buyer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017