18 CREEKSIDE 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%.
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 |
|---|---|---|---|
| Jan 17, 2023 | Sold | ||
| Sold | |||
| Nov 4, 2022 | Listed by Bennion Deville Homes | $2,150,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
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Exceptional opportunity to purchase a fully restored home in Morningside. No expense was spared reimagining every detail throughout this pristine home. Enjoy privacy and amazing views of lake, golf course and San Jacinto mountains from this designer-appointed, remodeled home on a premium corner lot with circular driveway and private double-door entry courtyard. You will experience desert living to its fullest in this elegant home, featuring many upgrades that make this an ultra-relevant retreat. This sophisticated home has floor to ceiling windows, rich wood built-ins, custom cabinetry, quality finishings and fixtures and a fully resurfaced exterior. The HVAC, plumbing, electrical, new Fleetwood doors, and windows throughout and RTI audio system were all part of the remodel. Effortlessly merge the outdoors into your interior through automated blinds in main living areas. The Olympic floorplan has a great flow from the open living dining room combo with vaulted ceilings and a gorgeous fireplace. Chef's island kitchen, Wolf and Sub-Zero appliances, gas cooktop, beautiful quartz countertops, and spacious morning room. Large master suite, with relaxing lounge area to soak in the views, the two guest bedrooms have ensuite bathrooms. Dog friendly, perfectly suited for pets of any size in the enclosed side-yard. Desert landscaping with custom exterior up lighting, creates a beautiful nighttime ambiance. Do not miss this opportunity to own an exceptional masterpiece.
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| Apr 23, 2015 | Sold | ||
| Sold | |||
| Jan 1, 2015 | Listed by Haus Palm Springs | $599,000 | |
| Listed by Haus Palm Springs | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017