61318 Sapphire Lane
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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 24, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Nov 25, 2025 | Listed by Bennion Deville Homes | $749,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
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Perched on an elevated lot overlooking the iconic #3 hole at the Trilogy Golf Club at La Quinta, this impeccably maintained Caspian plan delivers 1,775 sq. ft. of stylish single-level living with two bedrooms, two baths, and a versatile den/office that easily doubles as a third bedroom. Elegantly finished with crown molding, plantation shutters, a dedicated dining room, and tile flooring throughout, the home's inviting great room showcases a cozy fireplace, surround sound, custom built-in shelving, and sweeping views of the pool/spa, mountains, and pristine fairway. The chef-inspired kitchen shines with a pendant-lit island, stainless steel appliances, double ovens, slab granite countertops, a chic glass tile backsplash, abundant cabinetry, and a walk-in pantry. Guests will appreciate their private retreat with an adjacent renovated bath. At the same time, the luxe primary suite impresses with French doors opening to the pool/spa and an en suite bath featuring dual vanities, travertine finishes, a walk-in closet, and a beautifully appointed shower. Outside, a stunning free-form pebble-tec pool with a cascading spa sets the tone for resort-style living, complemented by panoramic views, an expansive paver patio, a covered loggia with generous seating, a misting system, and a dramatic fire ring--creating the ultimate desert oasis.
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| Feb 11, 2019 | No longer available | - | |
| No longer available | |||
| Dec 5, 2018 | Price Decreased |
$529,000
↓ $19K
(3.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017