144 Merano Way
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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 |
|---|---|---|---|
| Jul 21, 2020 | Sold | ||
| Sold | |||
| May 20, 2020 | Listed by Windermere Homes & Estates | $779,990 | |
| Listed by Windermere Homes & Estates | |||
| Dec 27, 2016 | Sold | ||
| Sold | |||
| Jun 30, 2016 | Listed by Windermere Homes & Estates | $799,900 | |
| Listed by Windermere Homes & Estates | |||
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Largest Home in the Beautiful Gated Community of Brenna at Capri in desirable Palm Desert. Huge 'Dream' back yard & covered Patio with 20x40 salt water POOL & Spa, Fire Pit, built-in Speakers, commercial grade Misting System & built-in BBQ center with outdoor eating bar. Upgrades include custom window coverings, shutters & drapes, quality carpet & tile flooring, recessed lighting, built-in speakers, ceiling fans & custom paint thru-out the home and a $60K Paid Solar System. The Gourmet Kitchen has Stainless Steel Appliances, Granite Counters, large Pantry & eating bar. The Open Floor Plan features a Family Room with Fireplace, French Doors, Wet Bar, walk-in closets, Master BR Suite with huge tub, double vanities & separate Shower + a separate utility room plus an attached Casita. Low HOA dues & located close to beautiful Freedom Park with tennis courts, dog park, baseball & soccer fields, picnic areas & playgrounds & just minutes away from schools, entertainment, shopping & restaurants
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017