181 Tomahawk 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%.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 30, 2020 | Sold | ||
| Sold | |||
| May 14, 2020 | In contract | - | |
| In contract | |||
| Apr 21, 2020 | Listed | $1,499,000 | |
| Listed | |||
| | |||
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One of the best south-facing views in all of Indian Ridge. This popular Ocotillo 1G floor plan with the master on the view side is breathtaking. For those cold mornings, turn on the gas bedroom fireplace & relax for just a few more minutes before going about your busy day. No expense was spared in the modern updates to this home. Tile flooring throughout, newer modern carpeting in bedrooms, stainless steel appliances & granite countertops in the kitchen. The custom cabinetry is like no other home on the market in Indian Ridge & has been carried throughout the home. The outdoor living space complete with spectacular double fairway, water & mountain views from the back patio. For more intimate evenings, you can enjoy the fire pit with your favorite beverage in the spa located off the master bedroom. The outdoor landscaping surrounding this home is fantastic & is conducive to water conservation with desert thriving flora & fauna. The guest house is gorgeous & allows for your family or friends to feel as though they are on vacation in their own bungalow with all the amenities of vacation resort living. Furnished per inventory, Club or Golf Membership available. The manager has listed the unit size as 3371 square feet.
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| Mar 25, 2020 | Listed by Bennion Deville Homes | $1,499,000 | |
| Listed by Bennion Deville Homes | |||
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About Palm Desert
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$8,500 /mo
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$8,500 /mo
- 3 Beds
- 3 Baths
- 2,813 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017