78855 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.
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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 |
|---|---|---|---|
| Nov 3, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2021 | Listed by Bennion Deville Homes | $605,000 | |
| Listed by Bennion Deville Homes | |||
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North La Quinta home with 4 bedrooms 2 bathrooms located in quiet neighborhood. Large rear yard for entertaining and dining with heated pool and spa and 2 covered patios with sitting area's that are perfect for outdoor dining or entertaining. Close to the Tennis stadium, Polo Grounds, Golf and luxury dining. You wont be disappointed in this beautiful home it has all you need. Its turn-key furnished. Has great rental history.
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| Jun 7, 2019 | No longer available | - | |
| No longer available | |||
| Apr 8, 2019 | Listed | $427,500 | |
| Listed | |||
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This beautifly appointed home with newly plastered heated pool and spa shows light and spacious. Large enough to host your family and friends. Great neighborhood and walking distance to the park. Walking distance to BNP Paribas Open and close proximity to the Pollo Ground Festivals. Perfect for warm pool side lounging and BBQ's by day; cool al fresco dining and cocktails under the stars at night. The manager has listed the unit size as 1659 square feet.
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| Dec 19, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017