54275 Avenida Martinez
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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 16, 2025 | Sold | ||
| Sold | |||
| Apr 24, 2025 | Listed by Keller Williams Realty | $399,000 | |
| Listed by Keller Williams Realty | |||
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Welcome to a true gem in the highly desirable La Quinta Cove! This charming 3-bedroom, 2-bathroom home offers 1,390 sq ft of comfortable living space, featuring laminate flooring, granite countertops, and dual-pane vinyl windows throughout. The fully fenced backyard is a private retreat, complete with artificial turf for easy maintenance—perfect for relaxing or entertaining guests. Ideal for first-time buyers or savvy investors, this home is furnished and move-in ready, making it an excellent option for 30-day rentals or more. Located just minutes from vibrant downtown La Quinta, enjoy walkable access to breweries, restaurants, shopping, the popular Cove Oasis Hiking Trail, and the Fritz Burns public pool. Don’t miss your chance to own a stylish, turnkey home in one of the desert’s most sought-after neighborhoods!
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| Jan 21, 2025 | No longer available | - | |
| No longer available | |||
| Jan 15, 2025 | Relisted | $440,000 | |
| Relisted | |||
| Dec 26, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017