10801 Bel Air Drive
About This Property
Highland Springs Country Club, in Cherry Valley California. A place rich in history, yet unspoiled by the rush of time. A land where the air is clean and fresh, the water is pure and the climate agreeable. Here you can live near freeways and lakes, perfect your swing on tennis courts, and on an executive SCGA rated golf course, play and swim in your own recreation center with club house, heated swimming pool and spa. Highland Springs Country Club is a located 25 minutes west of Palm Springs, A place where rolling meadows and foothills rise up and become rugged snow peaks in the winter months.
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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 8, 2017 | Sold | ||
| Sold | |||
| Sep 15, 2017 | Listed by REAL ESTATE MASTERS GROUP | $194,500 | |
| Listed by REAL ESTATE MASTERS GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017