78765 LA PALMA Drive
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What does this mean?
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%.
How much can I actually make?
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 8, 2020 | In contract | - | |
| In contract | |||
| Aug 1, 2020 | Price Increased |
$499,000
↑ $30K
(6.4%) | |
| Price Increased | |||
| Jul 28, 2020 | Listed | $469,000 | |
| Listed | |||
| | |||
|
Stunning La Quinta Air BnB. Whilst this would be an amazing family home, this house is currently a very successful short term rental property. All furniture is included along with future bookings and top rated reviews. This home was completely modeled with new kitchen, bathrooms, flooring and check out the awesome pool, golf putting green and massive backyard. $12000 worth of bookings for August, this is an incredible investment opportunity. The manager has listed the unit size as 1732 square feet.
| |||
| Apr 18, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017