1941 N Viminal 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%.
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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | Listed by RE/MAX Empire Properties | $759,900 | |
| Listed by RE/MAX Empire Properties | |||
| Nov 4, 2023 | No longer available | - | |
| No longer available | |||
| Sep 28, 2023 | Listed by Amavi Properties | $1,399,000 | |
| Listed by Amavi Properties | |||
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*SELLER FINANCING* *TERMS IN DESCRIPTION* Welcome to your dream oasis in Palm Springs! This fully updated pool home, nestled in the heart of the city, offers breathtaking views that will leave you in awe. Prepare to be amazed as you step into a home that has been meticulously reimagined from top to bottom, creating the perfect blend of modern elegance and comfort. The centerpiece of this home is the brand new open concept kitchen and living area, designed with both functionality and style in mind. Every detail has been carefully considered, from the all-new windows and sliders that flood the space with natural light, to the state-of-the-art HVAC system that ensures your comfort year-round. Step outside and be greeted by a meticulously landscaped front and back yard, adorned with easy-to-maintain artificial turf in the backyard. The aesthetic appeal extends to the ultra-modern garage door, creating an enticing curb appeal. But the true highlight awaits you in the backyard—an immaculate, brand new pool and spa that beckon you to unwind and enjoy the Palm Springs lifestyle to its fullest. Situated on approximately a quarter acre in one of Palm Springs' trendiest neighborhoods, this property offers the ideal blend of privacy and convenience. With its proximity to downtown, you'll have easy access to all the vibrant attractions the area has to offer. Notably, there are no HOA fees or land lease obligations, providing you with even greater freedom and flexibility. The exceptional value of this property is further accentuated by the availability of seller financing. With ultra-low down payment options, low interest rates, and principle-only alternatives, you can secure this remarkable home on your terms. Enjoy the peace of mind knowing there are no points or loan fees, and minimal credit requirements to meet. The seller is also willing to take on an equity partner, or work with fractional ownerships. Take advantage of this opportunity to bypass today's high interest rates and stringent bank criteria, whether you're an end user or an investor seeking a property with high cash flow and minimal upfront costs. Don't miss out on this incredible offering, as the property has recently appraised $50,000 above the list price. Act now to secure your future in Palm Springs paradise. The manager has listed the unit size as 1218 square feet.
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| Jun 16, 2023 | No longer available | - | |
| No longer available | |||
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About Palm Springs
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$3,850 /mo
- 1 Bed
- 1 Bath
- 633 ft²
$4,000 /mo
- 3 Beds
- 2 Baths
- 1,399 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017