12 University Circle
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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 |
|---|---|---|---|
| Apr 1, 2021 | Sold | ||
| Sold | |||
| Feb 5, 2021 | Listed by Coldwell Banker Realty | $1,089,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Meticulously Maintained! Contemporary Home in the Heart of Rancho Mirage. Located in Ivy League Estates awaits this Beautiful 5 Bedroom, 5.5 Bath home with Detached Casita. Ready for Full Time Living or Perfect for Your Winter Retreat. The Double Door entry leads into this Highly Sought After Open Floorplan. Surrounded by Walls of Glass and 14 Ft. Ceilings Framing the View of your Private Back Yard, Pool and Spa.Features include Great Room with Cozy Fireplace. Separate Dining Room, Game Room, and Gourmet Kitchen with Granite Counters, Stainless Steel Appliances, Walk In Pantry, Breakfast Nook and Breakfast Counter with Bar Height Seating. The Split Floor Plan offers Great Privacy for the Guest and Master Suites. The Large Master Suite Offers Sitting Area with Fireplace, Large Walk in Closets. Beautiful Master Bath with Walk In Shower, Soaking Tub and Dual Vanities.Other Features Include Large Laundry Room, Central Vac, and Solar Tubes throughout Set on Over 1/3 of an Acre with West Mountain Views, and Lush Green Living Walls Giving that True Retreat Feeling.The 3 Car Garage has an Electric Charging Station, and AC.Walking Distance to the Popular River, Known for its Restaurants, Movie Theatres, Shopping and More. Furnishings available outside of escrow.
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| Jul 5, 2016 | Sold | ||
| Sold | |||
| May 24, 2016 | Listed by Coldwell Banker Realty | $825,000 | |
| Listed by Coldwell Banker Realty | |||
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About Ivy League Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017