25 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 |
|---|---|---|---|
| Aug 5, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed by RE/MAX Universal | $265,000 | |
| Listed by RE/MAX Universal | |||
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Welcome to Rodeo Palms! This perfect Perry starter home has excellent curb appeal with brick exterior, charming front bay windows and beautiful landscaping! Inside you'll find high ceilings, an open concept floor plan, and spacious living room w/ gas log fireplace! Kitchen features a breakfast bar, nook dining area, pantry & fridge stays! Primary bedroom also has high ceilings & an en-suite bath w/ garden tub/shower combo & walk-in closet. Secondary bedrooms & hall bath are situated on the other side of the home. Indoor laundry with w/d remain. Out back, the fenced yard offers a shade tree, grass and privacy w/ no rear neighbors. Upgrades include: HVAC 2017, water heater 2017, dishwasher & garbage disposal 2021, as well as 3 stage filtration & water softener system and whole house surge protector. Never flooded. Close to Hwy 288, the Beltway, shopping, dining & more. Enjoy the neighborhood pool, splash pad, club house & more! Walking distance to middle school. Come see today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017