79785 Derek Alan 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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | Listed by KUD Properties, Inc. | $927,000 | |
| Listed by KUD Properties, Inc. | |||
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Exquisite Home in The Renaissance Community - La Quinta Discover this stunning single-family residence in the highly desirable Renaissance community, just 2.4 miles from Old Town La Quinta and across the street from dining and coffee shops. This 3-bedroom, 3-bath home features a versatile den, currently a cozy media room, that could serve as a 4th bedroom or home office. Designed for entertaining, the open-concept layout boasts a newly remodeled kitchen with brand-new appliances, a gas cooktop, quartz countertops, fresh white cabinetry, and a striking waterfall island. The primary suite is a tranquil retreat with dual sinks, a spa-like bathroom, and a walk-in closet with custom-built cabinets. Two spacious guest bedrooms share a large full bath, perfect for family or visitors. Step into the backyard oasis featuring a large saltwater pool and spa, creating the ultimate setting for relaxation or entertaining. Additional upgrades include a new HVAC system, modern lighting, upgraded pool lights, and a state-of-the-art Culligan water softener and filtration system. Designer furnishings are available for purchase outside of escrow, making this home truly turnkey. Don't miss the opportunity to experience this one-of-a-kind property. Schedule your private tour today!
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| Jun 5, 2023 | Sold | ||
| Sold | |||
| Mar 18, 2023 | Listed by Compass | $924,900 | |
| Listed by Compass | |||
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Highly desirable 3 bedrooms and 2.5 bath home with pool & spa! This home is located in South La Quinta, only 2.4 miles from Old Town La Quinta, and 0.2 miles from the new Citrus Plaza, which features multiple restaurants and shopping. The rear yard is elevated above the home behind it and features southern and southwestern mountain views. The focal point of the outdoor entertaining area is a paver patio with fire pit and a newly built saltwater pool and raised spa that features LED lighting, multiple waterfalls, a tanning shelf, and the ability to control the pool features with your smart phone. The home was recently remodeled, with tile throughout the home, and new carpet in bedrooms 2 & 3. The kitchen features white cabinets, a gas cooktop, and quartz countertops, including a countertop waterfall island and granite composite deep sink. The large primary suite offers direct access to the patio, dual sinks, large shower & soaking tub, as well as a custom-organized closet with drawers and full length vanity mirror. The home is light and bright and there is an additional room that can used as a den/office or formal dining area. The large two-car garage offers an additional workspace to the right and overhead storage. Additional features include designer lighting features, multiple ceiling fans, Nest thermostat & Ring doorbell. Washer, dryer & refrigerator are included. Professional photos to come.
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| Jun 1, 2016 | Sold | ||
| Sold | |||
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About La Quinta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017