18 Oakmont Drive
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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 |
|---|---|---|---|
| Jul 12, 2022 | Sold | ||
| Sold | |||
| May 26, 2022 | Listed by Bennion Deville Homes | $1,250,000 | |
| Listed by Bennion Deville Homes | |||
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Stunning South Facing Mountain Views and Resort Yard with Popular Floorplan within Prestigious Mission Hills CC. Great Curb Appeal with Custom Landscaping, Citrus Trees and a beautifully landscaped Courtyard with Custom Pavers, Fountain and Stone Wall to a Grand Entry Hall. Open Social, Remodeled Kitchen with Quartz Countertops and Walk-in Pantry. The Family Room features fireplace, entertainer's bar with Wine Room and stunning South facing Mountain views. A large Great Room with Formal dining, high Wood Beamed ceiling and second fireplace is an entertainers delight. The Primary Suite features sliders to the pool terrace and a Spa Bath and Large Walk-in Closet. French Doors off the Great Room take you to an attached Casita with Guest Suite and an additional room, great for an office/den or guest living. 2 Guest Bedrooms, one with an ensuite Bath provide additional space for friends and family. New HVAC system. Amazing Resort Back Yard with newly Remodeled Pebble Tec Pool and Spa, Covered Outdoor Living, Built-in BBQ Center and spectacular south facing mountain views. Come home to your Desert Retreat!
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| Nov 16, 2018 | No longer available | - | |
| No longer available | |||
| Jul 28, 2018 | Listed | $799,000 | |
| Listed | |||
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Beautiful Oakmont Estates located in Gated Mission Hills Country Club,home of the ANA Inspiration LPGA Tour. Enter through the striking courtyard gates, palm tree lined with trickling water fountain. Once inside, straight through south facing mountain views are a constant reminder that you live in the beautiful desert. Highlights include vaulted ceilings and grand great room, 2 fireplaces, 53 solar panels, tile flooring, bar, built in speakers, ceiling fans. A breakfast nook, butler's pantry,center island with prep sink makes the kitchen a perfect fit for any gathering. 3 bedrooms plus large den/office, an on-suite two room casita type bedroom is located on the opposite side of the home. The master suite includes separated his and hers vanities, both oversized walk-in closet and shower. Step out to the rear grounds of lush landscaping, built-in barbecue, pool and spa. Oakmont Estates is on fee land,low HOA. Just minutes to the Airport. Agua Caliente Casino, downtown Palm Springs. The manager has listed the unit size as 3989 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017