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80878 Via Puerta Azul
About This Property
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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.
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 |
|---|---|---|---|
| Nov 13, 2020 | Sold | ||
| Sold | |||
| Aug 6, 2020 | Listed by Desert Sotheby's International Realty | $335,000 | |
| Listed by Desert Sotheby's International Realty | |||
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This charming home is ideally located in the resort-inspired community of Puerta Azul. The open floor plan is a unique blend of efficiency and style. Enjoy entertaining friends and family or snuggle close to the gas fireplace and relax. Natural light abounds, providing views out to the abundant desert-inspired landscaping. A spacious owner's suite accommodates couples with dual sinks, soaking tub, tiled shower, and walk-in closet. Bedrooms are separated, providing guests with privacy and convenience. Embrace the Desert lifestyle outside on a private wrap-around patio. Community amenities include two large pools, clubhouse, fitness center, tennis courts and lush grounds. Close to Old Town La Quinta, Coachella and Stagecoach venues, as well as championship golf and tennis; this is an ideal investment property with no minimum night's stay requirements and very reasonable HOA dues of $308/month. Furnishings available outside of escrow.
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| Aug 24, 2016 | Sold | ||
| Sold | |||
| Oct 12, 2015 | Listed by Vine Property Group, Inc. | $280,000 | |
| Listed by Vine Property Group, Inc. | |||
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Looking for a perfect home to dip your toe in the water of the desert lifestyle PLUS own a property that would be a great vacation rental? This is it! With the open floor plan everyone wants, this home has a granite kitchen which opens to great room with fireplace and dining table area. There are two bedrooms, each with its own bath. Outside, there is a nicely landscaped private wraparound patio with plenty of room for dining and lounging with friends and family. Attached one car garage plus several extra parking spaces nearby for extra car or guest parking. Puerta Azul is a charming gated enclave of homes in south La Quinta, situated off Madison, across from the Legends gate at PGA West. Residents enjoy access to 2 community pools/spas, tennis courts, putting green and bocce ball. Clubhouse has fitness center, pool table, and seating for private gatherings. Low monthly HOA dues are only $275 month. (Subject to change-buyer to verify.)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017