78555 Avenida Ultimo
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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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Apr 1, 2023 | No longer available | - | |
| No longer available | |||
| Mar 31, 2023 | Listed by HomeSmart | $919,000 | |
| Listed by HomeSmart | |||
| Nov 23, 2022 | In contract | - | |
| In contract | |||
| Nov 21, 2022 | Listed by HomeSmart Professionals | $940,000 | |
| Listed by HomeSmart Professionals | |||
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Custom Pool Home in beautiful La Quinta walking distance to Farmer's Market, restaurants and shopping in Old Town LQ. Desert Club Estates is the best kept secret offering beautiful homes with large lots and NO Homeowner Association Fees! Spanish style resort home situated on a private and quiet cul-de-sac street with no homes across from it. Tranquil and oversized, south facing lot has views of the Santa Rosa mountains. Featuring 3 bedrooms and 2 baths. Compound-like grounds beautifully landscaped with large resort like pool and spa. The Santa Fe Style interior features Spanish tile flooring throughout. Master bedroom is much like a luxurious Hotel Suite with expansive view of pool through beautiful French doors. The Guest Rooms offers same level of luxury. Both baths have been remodeled with beautiful Spanish tile accents. The floorplan is perfect for entertaining with a large game room/family room with fireplace. Chef's Kitchen with kitchen counter dining. Formal dining room offers plenty of room for large gatherings. Easy ''al fresco'' dining outdoors under the Hacienda styled covered patio. Offered Turnkey Furnished with designer furnishings and everything you need to start enjoying a true desert experience. The manager has listed the unit size as 1876 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017