78705 La Palma 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.
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 |
|---|---|---|---|
| Oct 16, 2021 | No longer available | - | |
| No longer available | |||
| Aug 8, 2021 | In contract | - | |
| In contract | |||
| Jul 22, 2021 | Listed by KELLER WILLIAMS-LA QUINTA | $440,000 | |
| Listed by KELLER WILLIAMS-LA QUINTA | |||
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Welcome home! This charming 3 bedroom 2 bath home is located in one of La Quinta's most desirable neighborhoods. Close to schools, shopping and dining, and moments away from the Indian Wells Tennis gardens, you cannot ask for more! This large corner lot boasts beautiful desert-scape to save you time and water, while the backyard with it's large sparkling salt water pool is a desert oasis perfect for gathering your family and friends. All pool equipment has been upgraded from manual to digital. Keep cool in the shade of the palapa or the recently installed patio cover. Sip a glass of wine or tea while you watch the sunset from your gorgeous back yard. The flooring was recently upgraded with durable luxury vinyl flooring throughout the home. The kitchen is newly remodeled with custom cabinets and granite countertops and is perfect for entertaining. All upgrades have been done in the last the last two years! And there are no HOA's. No matter what your homeownership goals are, you don't want to miss out on the opportunity to make this your new home! The manager has listed the unit size as 1262 square feet.
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| Feb 29, 2016 | Sold | ||
| Sold | |||
| Jan 11, 2016 | Listed by Bennion Deville Homes | $285,000 | |
| Listed by Bennion Deville Homes | |||
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About La Quinta
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Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216001139DA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017