15858 Desert Pass Street
About This Property
The four bedrooms offer plenty of space for family or guests, with windows that provide good natural light. The bathrooms, while functional, have dated fixtures and could be transformed with new carpet and contemporary finishes.
Overall, this home has a lot of character and plenty of room for personalization. With some minor updates it could become a beautiful, welcoming space for a family to grow into.
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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 |
|---|---|---|---|
| Dec 26, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by REALTY MASTERS & ASSOCIATES | $399,900 | |
| Listed by REALTY MASTERS & ASSOCIATES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017