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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.
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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 9, 2026 | Sold | ||
| Sold | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Price Decreased |
$899,000
↓ $26K
(2.8%) | |
| Price Decreased | |||
| May 29, 2026 | Listed by Re/Max Desert Properties | $925,000 | |
| Listed by Re/Max Desert Properties | |||
| Nov 10, 2025 | Listed | $989,000 | |
| Listed | |||
| | |||
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Meticulously maintained, furnished and move-in ready! This highly sought after Refuge model includes 3 bedrooms, 2.5 bathrooms with spectacular mountain views and paid Tesla solar (15 panel upgrade). The home is on an elevated & expanded 9,148 sqft corner lot, professionally manicured, with LED landscape lighting, pristine salt water pool and spa (with tile recently cleaned and water replaced), and large side yard with fruit trees. Upgrades include a gourmet kitchen with quartz counter tops and stainless appliances, including newer GE counter depth refrigerator, Kohler kitchen faucet, GE extra quiet dishwasher, and heavy duty garbage disposal. Floor plan is ideal with guest rooms in the front of the house and primary bedroom on the opposite side, with easy access to the backyard patio and alumawood pergola, firepit and pool/spa. Closet organizers have recently been added to primary bedroom. Laundry room was expanded with utility sink and includes newer GE top load washer. Oversized 2.5 car garage with plenty of room for additional storage. Furnished w/ high quality furniture ,rugs & TVs. Sleep Number king size bed with storage, La-z-boy hide-a-bed and Pottery Barn classic furniture. Outdoor furniture also included. Del Webb Rancho Mirage is a 55+, gated community with guard.
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About Riverside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017