230 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.
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 |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Feb 20, 2021 | Listed by RE/MAX Consultants | $462,500 | |
| Listed by RE/MAX Consultants | |||
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Absolutely gorgeous residence behind the gates of Merano. From the moment you enter, you will experience the beautiful, open layout with high vaulted ceilings. Many tasteful appointments with pride of ownership throughout. Updated master and guest bathrooms. Custom built in bookcase/shelving, shutters and custom window treatments. Newer A/C unit in 2018! 3rd bedroom was converted to a large office plus there is an additional separate den/study. Alumawood covered patio with custom stamped concrete patio. Lush foliage, artificial turf accents create a perfect balance to enjoy outdoor living. Conveniently located across from Bristol Farms market, restaurants, retail, golf courses, shopping.
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| Jul 23, 2015 | Sold | ||
| Sold | |||
| Jan 31, 2015 | Listed by Bennion Deville Homes | $354,000 | |
| Listed by Bennion Deville Homes | |||
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This property is located in the gated community of Merano. Merano is one of the Coachella Valley's best kept secrets as it offers an immeasurable sense of elegance and an unparalleled home buying value. This home has a premium golf course location, along with numerous upgrades from the wonderful courtyard entry to the built in Refrigerator, oven, and gas cooktop to the kitchen Island,designer carpet to the beautifully landscapes grounds, rear-yard has had back-nine green synthetic turf install for easy low maintenance in your rear-yard. This truly is a must see property and meticulously maintain by the original owner.
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About Palm Desert
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Last Updated: 9 months ago
Data Source: CRMLS, MLS# 215003872DA
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