1091 Alta Cresta
About This Property
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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 |
|---|---|---|---|
| Sep 3, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by Berkshire Hathaway Home Service | $395,000 | |
| Listed by Berkshire Hathaway Home Service | |||
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Great location in beautiful gated Mountain Gate and Views!Come enjoy the desert lifestyle in this 3 bedroom and 2 bath home. Beautifully desert landscaped and low maintenance. Come and live the good life here! Gorgeous and stunning mountain views from patio and dining area. Shutters through out the home. Nice patio space with hot tub so you can enjoy your morning coffee or happy hour and just steps from the community pool. Stainless steel appliances and a Murphy bed in the living room for the extra guests. 3rd bedroom is being used as a great office space and perfect for working from home.Home features tile flooring, private laundry room, attached 2 car garage. Gated entrance to community with tennis courts, pools, basketball courts, BBQ area and children's playground. Close to downtown Palm Springs that has shopping, restaurants and museums. Many golf courses nearby. Solar lease is $192.00 per month and low HOA dues at just $100.00
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Property Highlights
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Price/ft²
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About Mountain Gate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017