112 Yale Drive
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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.
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 |
|---|---|---|---|
| Mar 11, 2023 | No longer available | - | |
| No longer available | |||
| Feb 9, 2023 | In contract | - | |
| In contract | |||
| Jan 19, 2023 | Listed by Bennion Deville Homes | $1,495,000 | |
| Listed by Bennion Deville Homes | |||
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This home has some of the most sought after features you can find in The Springs! VIEWS, POOL and PRIVACY!! Remodeled Broadmoor floor plan has a very large living room with 10' ceilings and plenty of natural light. Dual sliders afford you views of the large sparkling pool and beautifully landscaped yard with stunning southern mountains beyond. The breakfast area and primary bedroom share the same show-stopping outlook and the spacious and fenced yard is pet perfect. The remodeled kitchen is an absolute cooks dream! Sleek and contemporary, it offers plenty of storage and counter space. Features include a gas cooktop, built in oven, microwave and wine refrigerator. Primary and secondary bedrooms are ensuite, very spacious and both offer walk in closets. The third bedroom is also very large and can be used as a home office or second guest bedroom. There is a lovely lush patio just off the 2nd and 3rd bedrooms and it's the perfect place for your guests to relax and enjoy morning coffee. The Springs is located in the heart of Rancho Mirage with world class shopping, dining, entertainment and healthcare very nearby. The Springs community offers a very active lifestyle with golf, tennis, pickle ball, fitness center, 46 community pools and remodeled clubhouse! The manager has listed the unit size as 2785 square feet.
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| Oct 27, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by Desert Sotheby's International Realty | $839,900 | |
| Listed by Desert Sotheby's International Realty | |||
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Walk into a Fully Remodeled in a Contemporary style Broadmoor floor plan. As you enter, you will be greeted into an open space great room with double sliding doors that offer majestic southern mountain views just past your relaxing pool and spa in your private backyard. This floor plan offers two large Master Suites and a spacious third guest bedroom with a great private patio. The Living room has a light and airy feel where you can enjoy the fireplace or have family gatherings. The sun-drenched patio offers ample space to enjoy outdoor activities or hang by the saltwater pool and spa. The Springs Country Club offers multiple amenities that are included in your social membership second HOA.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017