20 Palm Desert 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%.
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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Jun 4, 2023 | Listed by RE/MAX Fine Properties | $289,900 | |
| Listed by RE/MAX Fine Properties | |||
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Come take a personal tour of this beautifully updated 3-bedroom, 2 bath home with a dining/family room area plus a flex room that can be used as a game room, study or 4th bedroom if needed. Step inside and you'll see high ceilings with fresh neutral paint throughout, new carpet in secondary bedrooms and flex room. This home offers the popular split floorplan for extra privacy and includes all appliances, fridge, and washer and dryer. It also features an open concept kitchen and breakfast nook with large breakfast bar overlooking the dining/living combo. Spacious living area plus corner fireplace. Out back there is a nice size patio with fenced backyard. Rodeo Palms is a community featuring several sparkling lakes, pocket parks and a pool area. Located approximately 12 minutes from Pearland Town Center and 15 minutes to Downtown Houston. This won't be on the market long! Freshly mulched and landscaped flowerbeds - Move in ready!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017