54280 Avenida Montezuma
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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 |
|---|---|---|---|
| Mar 8, 2023 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by eXp Realty of California, Inc. | $599,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Known as the best street in the cove, where few homes are often available! This Spanish style home on Avenida Montezuma has unobstructed views of the mountains and immediate access to numerous hiking trails. This three Bedroom, two full bathroom home integrates an entry courtyard with a pool for relaxation under the sun, as well as a large backyard/ patio space for BBQing and warming up by the fire-pit on the colder desert nights. Offering newer stainless-steel appliances, granite countertops, ceiling fans in every room, recently remodeled bathrooms, Saltillo style floors throughout and new flooring in the bedrooms. As well a mini split AC system for the garage where the washing machine & dryer is located & unobstructed views you'll want to see in person! There is a variety of citrus trees & a minimal desert landscape throughout the property with just a few hedges for privacy in the backyard. Trail heads start immediately across the street & just blocks away from Old Town La Quinta & all the festivities that happen here throughout the year. NO HOA fees!
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Property Highlights
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About Santa Carmelita at Vale La Quinta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017