19 Orleans Road
About This Property
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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 |
|---|---|---|---|
| Jun 28, 2021 | Sold | ||
| Sold | |||
| Jun 11, 2021 | Listed by Elevate Palm Springs | $795,000 | |
| Listed by Elevate Palm Springs | |||
| Nov 25, 2020 | Sold | ||
| Sold | |||
| Oct 26, 2020 | Listed by Elevate Palm Springs | $650,000 | |
| Listed by Elevate Palm Springs | |||
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Welcome to 19 Orleans Rd. Located in the highly desirable community of Verisailles, in Rancho Mirage. This 3 bedroom 3 bathroom home holds everything you could need. Enter into the expansive open courtyard. Once through the front door, high ceilings flow throughout the home. The beautiful updated flooring makes moving right in worry free. Enjoy the formal dining space or one of two living rooms, both offering views of the pool. The open kitchen connects to one of the family living spaces, complete with the double sided fireplace. The master bedroom leads right to a private attached cabana space, perfect for hiding from the sun on long days by the pool. Each room offers en suite living. The full-size laundry room is complete with additional storage and a window looking out to the front courtyard. Just off of the 2 car garage you will find an enclosed private office. Cool to your comfort and make this space your getaway den! Love indoor/outdoor living? Access to the outside is ample here. The covered patio space is made for that breakfast cup of coffee or evening glass of wine. Extend the awning to keep the afternoon sun at bay. At night warm yourself by the fire pit or soak in the raised spa! Have fun practicing your golf game on the mini putting green or hang at the tiki bar while family and friends enjoy the pool. This well maintained home is located right next to the tennis courts. This home is offered fully furnished. Your slice of desert paradise awaits.
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About Versailles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017