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54540 Avenida Rubio
About This Property
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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.
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 8, 2023 | No longer available | - | |
| No longer available | |||
| Jul 18, 2023 | Listed by Re/Max Desert Properties | $525,000 | |
| Listed by Re/Max Desert Properties | |||
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Great location just two blocks from the top of La Quinta Cove, sitting on an elevated lot with fantastic views. A walled off courtyard in the front with room to add your own custom pool, fire-pit or a great sitting area to enjoy the deserts sunsets. With an open floor plan, high ceilings, sky lights, french doors, fireplace, walk in closet in both guest bedrooms, indoor laundry room with a utility sink, this home is one you will want to see. The spacious primary has 2 walk-ins closets, a tiled walk-in shower, dual sinks and french doors leading to the back patio. The backyard offers mature citrus trees along with a fig tree. Just steps from the hiking and biking trails and close to Old Town La Quinta, come see all the desert has to offer with amazing restaurants, shopping, art shows, farmers market and more. The manager has listed the unit size as 1797 square feet.
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| Jun 10, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by RE/MAX Consultants | $369,999 | |
| Listed by RE/MAX Consultants | |||
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This home has a great location, just two blocks from the top of La Quinta Cove. Sitting on an elevated lot gives it amazing corner like views from the front. Enjoy beautiful sunrises in the backyard along with four Citrus trees and a fig tree. Walled off courtyard in the front with room to add your own custom pool. At this price you could add a pool and be under what other Santa Fe style homes of this size are selling for. An open floor plan, plus large walk in closets in all the bedrooms, indoor laundry with utility sink, fireplace and sky lights are just a few of the features this home offers. Just steps from the hiking and biking trails.
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| Aug 28, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017