15581 Desert View Road
About This Property
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Jun 8, 2024 | Listed by RE/MAX Desert Properties | $299,999 | |
| Listed by RE/MAX Desert Properties | |||
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Probate Sale. Approved by the Court. Rare opportunity. Home has not been on the market since it was originally built. This mid-century rural home is liveable and ready for updating. Views. Views. Views in 360 degrees. Plus, a large screened in back patio. Multiple additional buildings, mostly storage. But, it does come with an additional large workshop. which could be a garage. AND it comes with three acres of land. Live the rural desert life and enjoy the peace and serentity that comes with being one with nature. Room for you and all your animals. SOLD AS IS. Multiple rooms added on over the years. Buyer to verify square footage. Also, two external storage containers
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017