81627 Ricochet 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%.
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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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | Listed by California Lifestyle Realty | $895,000 | |
| Listed by California Lifestyle Realty | |||
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Welcome to the desirable and sought-after gated community of Rancho Santana! Located in South La Quinta, you are adjacent to The Madison Club, concert venues, world class golf, equestrian, polo facilities, and so much more. This home sits on a prime lot on the greenbelt with stunning Southern Mountain views, offering privacy for you to enjoy your hot tub and mature landscaping. The thoughtfully designed layout seamlessly connects living spaces, perfect for daily living and entertaining. The kitchen boasts a spacious island, slab granite countertops, stainless-steel appliances, and a large walk-in pantry. The home also features upgraded tile flooring throughout, custom wood blinds, a spacious great room with fireplace, generous bedrooms for you and your guests, and 3 bathrooms. This prestigious community offers various recreational amenities, including scenic walking trails, a spacious community park, a bocce ball court, and a putting green. Being sold fully furnished, this home really has it all.
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| Jan 19, 2022 | Sold | ||
| Sold | |||
| Nov 4, 2021 | Listed by Riviera West Realtors, Inc. | $778,000 | |
| Listed by Riviera West Realtors, Inc. | |||
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Relax in this freshly painted, gorgeous 2,782 sq ft, open floor plan in the private, gated community of Rancho Santana, which is adjacent to the prestigious Madison Club, off Avenue 52, just minutes from restaurants, shops and hotels in historic Old Town La Quinta. This beautiful, Spanish style home offers 3 bedrooms, 3 bathrooms (2 en-suite). Tile throughout,custom wood blinds, spacious great room with fireplace. Kitchen offers stainless steel appliances & large walk-in pantry plus slab granite island counter tops & back splash, perfect for entertaining. The peaceful courtyard is accessible from the office, living and dining rooms. The large primary suite offers a sitting area and has access to the backyard hot tub. Home offers plenty of storage with numerous built-ins and walk-in closets. The large backyard has lush, low maintenance, tropical landscaping and offers views of the mountains. Home backs up to a large greenbelt, which provides plenty of tranquility and privacy too! Low HOA! plus 3 car garage. Association amenities include: Greenbelt/Park; Hiking Trails; Picnic Area; Playground; & Putting Green. Furniture available outside of escrow.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017