79250 Cool Reflection
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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 |
|---|---|---|---|
| Oct 28, 2020 | Sold | ||
| Sold | |||
| Sep 10, 2020 | Listed by Redfin Corporation | $294,900 | |
| Listed by Redfin Corporation | |||
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Welcome to this immaculate and charming 2 bedroom 2 bathroom home! Watercolors is a fantastic 55+ community in the heart of La Quinta. It features a quiet and serene setting with breathtaking mountain views, community pool and spa, clubhouse, and the peace of mind that comes with a gated community. This highly sought after corner unit features high ceilings, open great room, fully equipped kitchen with designer tile counters and gas cooking, custom tile flooring, custom paint, plantation shutters, indoor laundry, and an attached two car garage. The master bedroom showcases an en-suite bathroom and large walk-in closet. The patio is off of the great room and is the place you will love to have your morning coffee while listening to the birds sing and it is large enough for entertaining your guests. The City of La Quinta is offering $103,000 silent second for qualified buyers. This home is PARTIALLY SUBSIDIZED by the City of La Quinta to keep payments affordable. Buyers must qualify under moderate-income limits and be purchasing the home as a primary residence. Please see virtual walkthrough at https://my.matterport.com/show/?m=Lb1YDJQz1mQ&brand=0
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| Oct 2, 2019 | Sold | ||
| Sold | |||
| Aug 21, 2019 | Listed by HomeSmart | $282,500 | |
| Listed by HomeSmart | |||
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About Santa Rosa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017