24 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 |
|---|---|---|---|
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by Norhill Realty | $259,900 | |
| Listed by Norhill Realty | |||
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RARE 4 bedroom move-in ready home located in Rodeo Palms! When you walk inside, you’ll immediately notice all of the natural light and the open floorplan. The large kitchen includes generous storage space, a breakfast bar, and a gas range. The split bedroom floor plan offers privacy and seclusion from the master bedroom and the secondary bedrooms. The primary suite includes a king-sized bedroom, a spa-like bathroom with a dual sink vanity, a large soaking tub, and a stand-up shower. Brand new interior paint (2022) and carpet (2022) throughout the entire house!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017