80325 Torreon Way
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What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
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 |
|---|---|---|---|
| Aug 6, 2022 | No longer available | - | |
| No longer available | |||
| Aug 4, 2022 | Sold | ||
| Sold | |||
| Jul 4, 2022 | In contract | - | |
| In contract | |||
| Apr 29, 2022 | Listed by Vine Property Group, Inc. | $1,365,000 | |
| Listed by Vine Property Group, Inc. | |||
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This turnkey furnished property in Mountain View CC, La Quinta, is situated on a corner lot, off the golf course, yet offers beautiful mountain views! Enter the private yard through the gated courtyard, and you'll find a sparkling pool/spa, paver patio, fire pit, built in BBQ and big beautiful backyard with covered patio. Pretty patio furniture invites you to relax and dine outside. Inside, you'll find a kitchen with breakfast bar and dining table area, which opens to large great room, configured with formal dining table, comfortable great room furniture, wet bar and media center with large smart TV.Master bedroom with CA king bed and smart TV has private patio and master bath with dual vanities, separate tub/shower and walk in closet. Back bedroom has CA king bed, smart TV, bath with shower over tub, and walk in closet. Front bedroom has queen bed and smart TV, and bath with shower over tub and walk in closet. Every resident of MVCC must be social member and pay $7000 social membership transfer fee and $553 MO social dues, which covers clubhouse dining access, fitness center/classes, community pool, spa, tennis/pickleball/bocce ball, and active social calendar of events. $441 MO HOA dues covers 24 hour guard gated security, common area maintenance, Spectrum cable package, front yard landscaping. Property leased 1/1/2023-4/20/2023 for $11,000 month; $8000 security deposit; $300 cleaning fee and $300 MO cap for combined gas/electric. Lease goes with sale of home. The manager has listed the unit size as 2535 square feet.
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| Apr 13, 2022 | Listed by Vine Property Group, Inc. | $1,365,000 | |
| Listed by Vine Property Group, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017