81706 Ricochet Way
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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 |
|---|---|---|---|
| Jun 4, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | Listed by Keller Williams Realty | $799,000 | |
| Listed by Keller Williams Realty | |||
| May 11, 2024 | No longer available | - | |
| No longer available | |||
| Apr 25, 2024 | Listed by Keller Williams Realty - La Quinta | $925,000 | |
| Listed by Keller Williams Realty - La Quinta | |||
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Welcome to a Rancho Santana Cutie ! Enter in to a popular 3 + den, LIKE NEW open floor plan, where one will immediately see a large bright Living-Dining room combination with beautiful chandeliers that view out to a large yard private yard. The best of entertainment kitchen and family room combination boasts a large granite island, lots of cupboard and counter space and barely used appliances. There is a walk-in pantry and direct entrance to the three-car garage that has finished, epoxied floors. The enormous family room has built-ins with a small desk and cabinet, fireplace and ceiling fan. All windows throughout the house have custom shutters for light control and privacy. Separate hallway laundry room also have ample storage. All bedrooms are all en-suite, the primary having the double vanities. The tub and separate shower are all finished in travertine and tiles. The primary bedroom also has a fireplace and niche for a large screen television and large walk-in closet.
The east facing large rear yard has been minimally designed but leaves room for a new owner to landscape or put in a pool, outdoor living area or both!
The community of Rancho Santana, which also provides LOW HOA fees is located near the well-known Indio Polo fields, Old Town La Quinta, and PGA West. Shopping and restaurants are close by, too! The manager has listed the unit size as 2905 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017