61245 Cactus Spring Drive
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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 |
|---|---|---|---|
| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Jan 11, 2022 | In contract | - | |
| In contract | |||
| Jan 2, 2022 | In contract | - | |
| In contract | |||
| Dec 31, 2021 | Listed by HK Lane Real Estate | $679,000 | |
| Listed by HK Lane Real Estate | |||
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Beautiful home in the 55+ community of Trilogy La Quinta. This desirable Monterey floor plan has 1965 sq.ft. and a casita! It is located on a private lot with west facing views and includes a refreshing pool and spa. The kitchen sparkles with white cabinets, quartz counters, pantry, double ovens, island and plenty of storage space. Plank floor tiles throughout the house offer a clean and open feel. With the great room design, no one feels left out of the conversation. The entertainment niche will accommodate even the largest TV! The den can also be used as a 4th bedroom! The main bedroom is generous in size and includes a walk in closet, bath with double vanities and step in shower. Guest love the main house guest room and hall bath. The detached casita provides secluded guest quarters for friends or family. The pool area is perfect to experience all the desert has to offer...dining alfresco, soaking in the jetted spa, lazing poolside with a cool beverage. Morning coffee tastes even better in the sunshine. Call to see this special home. It won't disappoint. The manager has listed the unit size as 1965 square feet.
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| Apr 3, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017