25 Stonecrest Circle
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 6, 2021 | Sold | ||
| Sold | |||
| Apr 11, 2021 | In contract | - | |
| In contract | |||
| Apr 9, 2021 | Listed | $895,000 | |
| Listed | |||
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You will fall in love with this GORGEOUS 3BD 3BA home in classy Ridgeview Estates which consist of 33 homes in Rancho Mirage built by Keenan Developers. This gated community is conveniently located between El Paseo and The River with shopping, entertainment and restaurants galore! This beautiful appointed home sits on a premium extra large lot. It has spectacular mountain views!! The kitchen has new cabinets, new granite countertops, top of the line stainless steel appliances along with a custom stone backsplash. Master bedroom, has plantation shutters with brand new carpet, bath has a beautiful dark glass shower enclosure, jacuzzi tub, new led lighting and customized walk in closet. Secondary bedroom has its own bath, bedroom has carpet and plantation shutters. Third bedroom has a connected office with built in cabinetry, shutters and high gloss polish travertine floors. The 2 car garage has epoxy floor and white storage cabinets.High gloss polish travertine floors, top quality 2x6 frame construction, smooth stucco finish, 8ft solid core doors through out, Milgard windows and sliding door. 2 AC units hospital grade with air scrubbers. All new pebble tech salt water pool, new pavers, new landscaping and professional lighting through out. Backyard has different types of fruit trees. Low HOA's. It's a must see!! Sold AS IS. The manager has listed the unit size as 2600 square feet.
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| Feb 24, 2021 | Listed by RE/MAX Desert Properties | $895,000 | |
| Listed by RE/MAX Desert Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017