84162 Capitola Avenue
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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 |
|---|---|---|---|
| Jul 7, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Listed by ACME Real Estate | $755,000 | |
| Listed by ACME Real Estate | |||
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Step inside this newly reimagined Coachella retreat, where thoughtful design and effortless comfort come together to create a home that feels like a getaway. From the moment you enter curated details unfold beginning with a front bedroom adorned in designer wallpaper. Down the hall, a second spacious bedroom features a striking custom backlit wood slat wall, designed in a soft, wave pattern that adds warmth. A full bath nearby boasts dual sinks with soapstone mist quartz countertops and a stunning glass-enclosed shower wrapped in porcelain tile. The heart of the home is the expansive open-concept living space, where a generous living area flows into the dining room and kitchen. Oversized sliding doors open to the pool, creating a seamless indoor-outdoor connection. The kitchen is outfitted with classic shaker cabinetry, soapstone mist quartz counters, new Samsung and LG stainless steel appliances, and a large pantry. Upstairs, a second living room provides space to gather or unwind, while a full bath with dual sinks and a porcelain tiled tub-shower combo serves the upper level. The sun-drenched primary suite is a true retreat, complete with a spacious walk-in closet and an en-suite bath featuring dual sinks, soapstone mist quartz counters, and a stunning custom arched glass shower framed by double French doors. Two additional bedrooms upstairs feature playful designer wallpaper accents, while a full laundry room with dual Samsung high-efficiency washer-dryer sets adds convenience for larger groups or longer stays. Out back, the private yard was made for entertaining anchored by a brand new pool with baja shelf, integrated spa, and a cascading waterfall. A large patio with dining for twelve beneath woven rattan pendants sets the scene for unforgettable al fresco meals, while a generous lounge area invites slow mornings or sunset cocktails. Offered fully furnished and operating as a high-performing Airbnb, this property generated over $79k in rental income over the last twelve months. This home is ready to continue its legacy as a sought-after desert escape or become your own private oasis in the heart of Coachella. Conveniently located only 6-minute drive from Empire Polo Club, making it the ultimate Coachella and Stagecoach weekend rental. From sunrise swims to starry dinners, this is a space designed for beautiful living. System upgrades include New HVAC, New Water Heater, New pool and spa, new smart technology pool equipment, new alumawood patio cover, and new irrigation system.
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| Dec 30, 2022 | No longer available | - | |
| No longer available | |||
| Dec 28, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017