215 Strada Nova
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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 23, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Equity Union | $759,000 | |
| Listed by Equity Union | |||
| | |||
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Located in the hidden gem Merano, a gated community in Palm Desert, this charming south-facing pool home that perfectly captures the essence of modern desert living. This residence has been thoughtfully updated to offer contemporary comforts while maintaining a welcoming ambiance. This is the largest floor plan available at 2,076sf and features 3 bedrooms, 3 bathrooms and an office / den. As you enter, you'll be greeted by a bright and open floor plan, where large windows and sliding glass doors bring in abundant natural light and provide seamless indoor-outdoor living. The updated kitchen features white cabinetry, sleek countertops, and stainless-steel appliances, making it a delightful space for cooking and entertaining. The bedrooms are comfortably sized, with the primary suite offering a private retreat complete with an updated ensuite bathroom. Additional modern updates throughout the home enhance both style and functionality. Outside, you'll find a pristine pool, ideal for cooling off during warm desert days, and a spacious paver patio area for lounging or dining al fresco. The south-facing orientation ensures plenty of sunshine and there's also a huge side yard. Merano is centrally located with HOA dues of only $90 / month and offers easy access to top-rated golf courses, upscale shopping, dining, entertainment and the upcoming Disney lagoon community Cotino! This home is a true oasis, combining modern updates with the best of desert living.
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| Jan 30, 2018 | Sold | ||
| Sold | |||
| Sep 22, 2017 | Listed by Windermere Homes & Estates | $429,000 | |
| Listed by Windermere Homes & Estates | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017