58200 Almonte Drive
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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 1, 2026 | Listed by Coldwell Banker Realty | $1,499,000 | |
| Listed by Coldwell Banker Realty | |||
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Nov 24, 2024 | In contract | - | |
| In contract | |||
| Oct 15, 2024 | Listed by Coldwell Banker Realty | $1,390,000 | |
| Listed by Coldwell Banker Realty | |||
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Seize the rare opportunity to own this unique gem nestled on 2.24 acres in the desirable city of La Quinta! This charming residence is a hacienda-style retreat offering an exceptional blend of tranquility, recreation and potential for future development. Whether you're dreaming of creating your own private estate or a vacation rental retreat, with zoning for 7 homes mirroring the existing inviting home, the possibilities are limitless. This property is a paradise for outdoor enthusiasts, featuring Champion Pickleball Court with a covered viewing area and refreshment center and a Horseshoe pit. Property may have the possibility for equestrian use or keeping horses. Ample parking space for RVs, boats and cars. Outdoor kitchen and patio, ideal for entertaining guests and dining under the stars. The residence itself includes two bedrooms and one bathroom across 966 square feet of livable space. Mini-split air conditioning units in every room for optimal comfort. A cozy fireplace that adds warmth and ambiance to the livable space. The property is home to 120 fully grown date palm trees, offering a serene and visually stunning desert landscape with breathtaking mountain views, an ideal place to unwind and soak in the beauty of La Quinta's desert oasis. Located just minutes from world-class golf, tennis and polo facilities. Don't Miss Out! With a motivated seller and all offers welcome, this is your chance to own a rare, one-of-a-kind residence on acreage in La Quinta
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| Jun 7, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017