81562 Ricochet Way
About This Property
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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 |
|---|---|---|---|
| Nov 25, 2020 | Sold | ||
| Sold | |||
| Oct 20, 2020 | Listed by Coldwell Banker Realty | $659,950 | |
| Listed by Coldwell Banker Realty | |||
| Jul 23, 2015 | Sold | ||
| Sold | |||
| Mar 13, 2015 | Listed by Coldwell Banker Realty | $499,000 | |
| Listed by Coldwell Banker Realty | |||
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Furnished Pool home. This 2,782 SF, 3 br 3 ba home is located in upscale Rancho Santana, a gated community in La Quinta. Large open floor plan features a gourmet kitchen with built-in GE stainless steel appliances, large walk-in pantry, granite countertops and an island bar. Tiled flooring in the living areas make for easy maintenance. The large family room with fireplace is a great place to relax. The Master and second Guest bedroom have walk-in closets and adjoining bathrooms. There is a bathroom next to the third bedroom for guests. The third garage can be used for a small car, a golf cart or for extra storage. There is a large covered back patio and a separate private patio for your enjoyment. The Low HOA fees include a large private park, playground, putting green and walking trails. Rancho Santa is close to incredible hiking and biking trails plus all of the shopping and dining in charming Old Town La Quinta.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017