79799 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 |
|---|---|---|---|
| Sep 19, 2026 | In contract | - | |
| In contract | |||
| Sep 2, 2026 | Listed by HomeSmart | $948,000 | |
| Listed by HomeSmart | |||
| Oct 30, 2014 | Sold | ||
| Sold | |||
| May 9, 2014 | Listed by Vine Property Group, Inc. | $499,000 | |
| Listed by Vine Property Group, Inc. | |||
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Looking for upgraded 3BR/2.5BA home with SOUTH facing backyard, 3 car garage, pool/spa, and low monthly HOAs (only $132 month), ALL for under $500,000? Welcome Home! This GATED Renaissance home has granite kitchen with rich wood cabinets, center island, pantry, and black appliances. Kitchen opens to the great room with fireplace and wall of glass to the backyard living space. Formal dining room with venetian plaster walls, and venetian plaster accents throughout home. Upgrades include tile in main living spaces, Travertine in master bath and carpet in bedrooms. Master bedroom opens to the patio, has beautiful master bath and HUGE master closet. Lots of other storage closets in this home too. Outside, you'll love the $59,000 Pebbletec 30' pool package, with raised spa, waterfall, swim up bar, tanning shelf, 6 lights, and remote control for the spa. Built in BBQ has sink and refrigerator. Covered pergola with lighting for fun dining ambiance. Gas stubbed in for fire pit. Community park.
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About La Quinta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017