1579 Milky Way
About This Property
Enjoy the convenience of nearby schools, including top-rated public and private options, and the luxurious primary bedroom is a true retreat. The backyard offers privacy without a rear neighbor. Don't miss this incredible opportunity to make this beautiful home yours in the highly desirable Sundance community. This solar-powered home is move-in ready and features a three-car garage on a cul-de-sac. Just a short drive away, discover the vibrant city of Palm Springs. Enjoy easy access to a freeway and the nearby shopping centers and casino. Whether you're relaxing you can enjoy al fresco dining on the patio, or simply unwinding in your private sanctuary, this home offers the ultimate in luxurious living.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | Price Decreased |
$659,999
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Dec 8, 2024 | Listed by MAINSTREET REALTORS | $679,999 | |
| Listed by MAINSTREET REALTORS | |||
| Sep 8, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017