19 Florence Lane
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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.
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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 |
|---|---|---|---|
| Aug 30, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2021 | Listed by Keller Williams Luxury Homes | $1,349,000 | |
| Listed by Keller Williams Luxury Homes | |||
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Oct 22, 2020 | Listed by Windermere Homes & Estates | $995,000 | |
| Listed by Windermere Homes & Estates | |||
| | |||
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Imaginatively re-designed and tastefully appointed Luxury home in sought after Tierra Vista community. WOW factor is evident in this rare opportunity to own your own Private Luxury Resort style property for under $1m. Recently remodeled to the max and model home perfect throughout! You will find over 3,100 sqft on a South facing oversized 14,800 sqft lot featuring 4 BR's, 4 BA with detached Casita and Office. All New EVERYTHING inside and out! No details spared. Custom remodeled Gourmet kitchen with New Quartz counters, New top of the line SS Appliances including New Sub Zero and New cabinets. Luxuriate in the main suite with high-end waterfall bath, New frameless shower, Travertine dual vanities & modern custom closet. Interior features Newer windows and sliders, New flooring, Custom wood shutters, New Designer window coverings & LED lighting throughout. Freshly painted interior and exterior. Resort backyard with Newly remodeled Salt Water Pool/Spa and Copper bowl waterfall. All New pool equipment to go along! Sizeable entertaining Fire Pit w/ custom designer cushions, New lush landscape with New lighting to set the ambiance for our beautiful desert sunsets. Newer heating and AC units plus New tankless water heater - too many improvements to list. This home defines luxury living w/ modern contemporary upgrades throughout..this is a must see!
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About Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
- 3 Beds
- 3 Baths
- 2,813 ft²
$8,500 /mo
- 3 Beds
- 3 Baths
- 2,813 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017