85624 Molvena Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Price Decreased |
$485,000
↓ $15K
(3%) | |
| Price Decreased | |||
| Jan 12, 2026 | Listed by Epique Realty | $500,000 | |
| Listed by Epique Realty | |||
| Dec 30, 2025 | Listed | $549,000 | |
| Listed | |||
| | |||
|
Welcome to Four Seasons at Terra Lago, a premier 55+ gated community. This well-designed 3-bedroom, 3-bath residence with a den/bonus room offers a flexible floor plan ideal for guests, a home office, or hobby space.The home features updated cabinetry, modern laminate flooring, refreshed countertops, and updated light fixtures, providing a solid foundation for personalization. A 21/2-car garage offers ample room for vehicles, storage, or a golf cart.While the property needs interior paint and carpet, the seller is offering a $5,000 credit toward these improvements--an excellent opportunity to customize the home to your taste.Located within a vibrant, guard-gated community offering a clubhouse, pools, fitness center, walking trails, and social activities, this home presents outstanding value and potential in one of the Coachella Valley's most sought-after active adult communities.(furnished photos are virtually staged)
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017