245 Strada Fortuna
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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Jan 29, 2024 | Listed by Coldwell Banker Realty | $695,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Welcome to the quiet gated community of Merano. This furnished 3-bedroom, 3-bathroom home, with an additional den, offers a large living room that opens to a dining area, making it great for entertaining family & friends. The home is filled with natural light thanks to high ceilings and many windows, creating a spacious and open feel. Remote-controlled solar blinds on the east and south windows offer privacy while letting in light, ensuring comfort. The spacious kitchen has granite countertops and recently updated stainless steel appliances, making it a great place for cooking and socializing. The main bedroom suite includes a walk-in closet and a bathroom with a shower and tub. All bedrooms have new tile flooring. Enjoy relaxing in the recently replastered saltwater pebble tec pool and spa, and enjoy the gorgeous mountain views from the backyard. The finished garage has epoxy flooring and lots of storage, and the dual-zone HVAC keeps the home comfortable all year. An upgraded electrical panel is ready for solar panels and an EV charger, making it great for environmentally conscious owners. The community has low HOA fees and is close to grocery stores, restaurants, Starbucks, and the Eisenhower Medical Center. El Paseo's shopping and dining options are also close by. This move-in-ready home is ready for you to enjoy.
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| Nov 7, 2014 | Sold | ||
| Sold | |||
| Sep 15, 2014 | Listed by Bennion Deville Homes | $420,000 | |
| Listed by Bennion Deville Homes | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017