77680 Calle Madrid
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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 |
|---|---|---|---|
| Jan 21, 2023 | No longer available | - | |
| No longer available | |||
| Nov 18, 2022 | Listed by Compass | $775,000 | |
| Listed by Compass | |||
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Perfectly situated on a corner lot in La Quinta Cove, ''Calle Madrid Hacienda'' boasts spectacular mountain views and easy access to hiking, biking and Old Town La Quinta. This charming home features everything for the perfect desert stay and comes TURNKEY FURNISHED! Currently used as a popular vacation rental, the property features gorgeous outdoor spaces, private pool with waterfall Spa and PANORAMIC VIEWS! Features include gourmet kitchen, wine cooler, hardwood floors, slab granite countertops, plantation shutters, epoxy floor garage with built-ins. One guest bedroom/den features built-in office cabinets. The home comes completely furnished and outfitted for a relaxing stay. Close to Polo fields, Tennis and all that La Quinta has to offer. The manager has listed the unit size as 1526 square feet.
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| Apr 6, 2016 | Sold | ||
| Sold | |||
| Jan 11, 2016 | Listed by Hacienda Agency, Inc. | $319,900 | |
| Listed by Hacienda Agency, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017