15 Princeton Drive
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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 23, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | Listed by Bennion Deville Homes | $1,145,000 | |
| Listed by Bennion Deville Homes | |||
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Experience luxury desert living with this meticulously maintained 4-bedroom, 4-bathroom PEBBLE BEACH floor plan nestled within The Springs Country Club. Boasting over 30 panels of OWNED SOLAR and upgraded mechanicals, this residence ensures year-round comfort while embracing the allure of its picturesque surroundings. Enjoy stunning views of the golf course and south mountains from the expansive covered patio, this exceptional unit has undergone renovations, including a redesigned gourmet kitchen adorned with stainless steel appliances, granite countertops, and custom cabinetry. Every detail emphasizes beauty and functionality, ensuring effortless living and entertaining . Admire the serene vistas from the living room's stacked stone fireplace or host elegant gatherings in the separate formal dining room, enhanced by the backdrop of the Santa Rosa foothills. Craftsmanship and attention to detail define this home. With newer HVAC systems and water heaters, peace of mind and efficiency are seamlessly woven into the fabric of daily life. The primary bedroom suite awaits with a spacious master bath featuring a soaking tub and large walk-in shower. One of the four bedrooms has been transformed into a functional home office space, offering versatility to suit diverse lifestyles. The Springs Country Club epitomizes resort-style living, boasting a private golf course, 46 community pools, Tennis Courts, Pickleball Courts, and a state-of-the-art fitness center.
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| Jun 1, 2015 | Sold | ||
| Sold | |||
| Feb 9, 2015 | Listed by Bennion Deville Homes | $658,000 | |
| Listed by Bennion Deville Homes | |||
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This fabulous 4BR/BA highly upgraded PEBBLE BEACH floor plan in The Springs CC is perfect for enjoying the desert lifestyle. It's a terrific unit w/ amazing golf course & southern mountain views.Renovations include: a redesigned gourmet kitchen w/ Viking appliances, granite counters, new custom cabinetry & all baths updated. The amazing views make this a prime vacation property. Enjoy the living room's stacked stone fireplace & separate formal dining room. Too many custom features added during renovation to list. This home is for the buyer who appreciates quality but wants a great value! Newer HVAC & water heaters. The master suite has spacious master bath with soaking tub & HUGE shower. One bedrm being used as an office. The Springs CC has private golf course, 46 community pools, 11 tennis courts & state of the art fitness center. The Springs is located across from Eisenhower Medical Center. Close to fine dining, shopping and entertainment in central Rancho Mirage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017