81923 Seabiscuit Way 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%.
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 6, 2020 | Sold | ||
| Sold | |||
| Sep 26, 2020 | Listed by Keller Williams Luxury Homes | $750,000 | |
| Listed by Keller Williams Luxury Homes | |||
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Welcome home to this incredible south facing home at Rancho Santana in La Quinta with spectacular panoramic views of the mountains. Your family & friends are sure to enjoy the ultimate desert lifestyle, relaxing around the saltwater pool & spa, firing up the built-in grill, enjoying a libation, watching the sunsets, hitting the community putting green, bocce court, or simply relaxing. Inside, you'll find extensive high-end finishes & details, including custom designer window treatments and lighting fixtures, numerous custom built-ins, kitchen backsplash, and an office with a built-in partners desk. Views of the pool, mountains, and palm trees are featured from the great room, formal dining room, kitchen, and master bedroom.The handsome master suite is sure to impress with its fireplace, jetted master bath, and an impressive master walk-in closet. The two spacious guest suites are just the right size, with plenty of room for your friends and family.Recent upgrades include a new HVAC system with Smart Thermostats and sensors with app-based controls and integration, faux grass, front and rear landscape lighting, pool motor, salt cell and filtration system, newly sealed wood floors, security system with app-based controls, interior and exterior upgraded AV surround sound system, and patio misting system. Low HOA's to boot!Close to shopping, dining, world-class golf, tennis, hiking, biking, theaters, & all that the desert has to offer.
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| Jun 21, 2016 | Sold | ||
| Sold | |||
| Apr 24, 2016 | Listed by Realty Executives Desert Lifestyles | $595,000 | |
| Listed by Realty Executives Desert Lifestyles | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017