78856 ViA Carmel
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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 |
|---|---|---|---|
| Apr 10, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2023 | No longer available | - | |
| No longer available | |||
| Sep 9, 2023 | Listed by Rancho La Quinta Properties | $1,599,000 | |
| Listed by Rancho La Quinta Properties | |||
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Dramatic elevated view of the Santa Rosa Mountain Foothills and the lush 3rd fairway of the Robert Trent Jones Jr. Championship Golf Course. Nearly $590,000 worth of improvements have been made to this beautiful home. Please see attached Improvements List. Hand laid paver driveway, courtyard entry, side path and large view patio. Over $30,000 in professional landscaping. Remodel performed 2017-2018 included: expansion of primary bedroom, family room, kitchen adding approximately 167 sq. ft. of living space. The view obstructing fireplace in the family room has been removed. Complete kitchen remodel featuring new stainless-steel appliances, new cabinetry, kitchen island, marble counters. Enlarged primary bedroom. Custom primary bedroom bathroom with walk-in shower, new vanity, new fixtures and toilet. New sliding glass doors at primary bedroom and family room. New flooring throughout. New window coverings, new lighting fixtures. Interior and exterior painted 2023. New 5 ton heat pump A/C installed 2021. New 2 ton heat pump A/C installed 2022. Tesla charger installed 2021. Professionally designed exterior drainage system installed 2020. The RLQCC club improvement assessment has been paid in full. Furnishings negotiable. Two-car garage. The manager has listed the unit size as 2815 square feet.
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| Feb 4, 2023 | Listed by Rancho La Quinta Properties | $1,599,000 | |
| Listed by Rancho La Quinta Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017