54985 Avenida Carranza
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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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by First Team Real Estate | $595,000 | |
| Listed by First Team Real Estate | |||
| Jun 16, 2024 | No longer available | - | |
| No longer available | |||
| Apr 12, 2024 | Listed by First Team Real Estate | $629,000 | |
| Listed by First Team Real Estate | |||
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Top of the Cove! Welcome to this elegant, custom Spanish style residence located in the Historic La Quinta Cove. This stunning home offers two bedrooms and two bathrooms within 1225 square feet of meticulously designed living space. The property sits on a generous lot spanning 5227 square feet, providing ample space for outdoor enjoyment. A beautiful corner home offers a serene retreat surrounded by lush nature and meticulously maintained landscaping. Upon entering your gated courtyard, you are greeted by the charm of a well laid out back yard offering a tranquil waterfall, exercise pool, fully landscaped and enclosed in a privacy fence. You are greeted by an abundance of natural light and spaciousness. The bright and spacious living room with a high ceiling invites you in. The interior features lots of energy efficient windows that not only provide picturesque mountain views of the outdoors but also seamlessly integrate the surrounding environment with the living spaces. The kitchen is a chef's dream, boasting honey-colored maple cabinets, elegant granite countertops with Travertine backsplash, oversized center island and a suite of Stainless appliances including a large refrigerator, dishwasher, oven, and induction cooktop. The dining area is enhanced by natural light, adding comfort to the space and French Doors leading to your grounds to bring the outside in. The primary is elegantly lined in porcelain flooring and offers mirrored wardrobe sliders and backyard access. The spa-like primary bathroom has granite countertops, honey-colored maple cabinets, and a Travertine low stepover walk-in shower. The second bedroom features a built-in queen-size murphy bed and wall unit. Additional enhancements include dual pane windows, French doors, RV parking with dump station, two car garage, recessed lighting, porcelain flooring throughout, upgraded baseboards, sinks, faucets, stacked stone fireplace, the list goes on and on! The home is located across the street from the popular La Quinta Cove hiking trails and with its proximity to Old Town La Quinta, you will love the convenience of outstanding restaurants and shopping. This is a fabulous opportunity at a fantastic price. See for yourself and bring your checkbook... this home will not last long! From the lush landscaping, corner lot location, access to the Hiking trails and mountain views, RV access (9x16) with dump station, this home offers it all! The manager has listed the unit size as 1225 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017