81888 Contento
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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 |
|---|---|---|---|
| Mar 26, 2024 | Sold | ||
| Sold | |||
| Dec 16, 2023 | Listed by Bennion Deville Homes | $899,000 | |
| Listed by Bennion Deville Homes | |||
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Welcome to the prestigious Carmela community of South La Quinta! This stunning 3bed, 3bath residence spans 2,778sf of living space featuring upgraded tile and hardwood flooring throughout!You'll be greeted by a spacious open concept living room with cozy fireplace, providing the ideal setting for relaxation & entertainment.The formal dining room directly off the kitchen is perfect for hosting!The iconic Carmela butler's pantry adds a touch of sophistication to your culinary experiences. Indulge in the seamless indoor-outdoor living experience with direct access from the living room & bed 3 to a beautiful gated courtyard. Imagine enjoying your morning coffee or unwinding with a good book in this private & tranquil space.The residence boasts 3 well-appointed bedrooms,providing ample space & comfort for all.With the master featuring a spa-like ensuite bathroom including soaking tub, stand up shower & walk-in closet.Step outside to the expansive backyard-a blank canvas awaiting your personal touch.With plenty of room to bring your vision to life, envision creating the yard of your dreams with the potential for a sparkling pool,relaxing spa, outdoor kitchen & more.This outdoor haven is perfect for entertaining guests,hosting bbqs, or simply enjoying the So Cal sunshine in style.Located in the sought after gated community of South LQ, immerse yourself in the beauty of the surrounding area and take advantage of the nearby amenities, parks, golf, dining & recreational facilities
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017