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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 |
|---|---|---|---|
| Oct 15, 2020 | Sold | ||
| Sold | |||
| Sep 23, 2020 | Listed by Bennion Deville Homes | $699,800 | |
| Listed by Bennion Deville Homes | |||
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If you want the total package for desert and resort living, this is the house! On the 9th fairway of the Gary Player Signature course and unobstructed views of the stunning mountains, this immaculate home has new a/c and furnace, new plantation shutters, new blinds, new water heater, charging station in garage for car, all new wood-look floor, added insulation in attic for maximum energy efficiency, updated kitchen cabinets plus an amazing back patio and entertaining space. It's a must-see!The master bedroom offers two walk-in closets and direct access to the pool and spa. Two guest rooms provide space for family and friends, separate from the master bedroom. This home is an entertainer's dream. Front courtyard with seating, eat-in large kitchen, dining area, large bar area, back patio with side yard complete with artificial turf for games and pets, as well as a fire bowl. Mira Vista has lower HOA's and is convenient to Gelson's market and dining as well as all Mission Hills has to offer. Discounts on golf, community pool, tennis, walking paths, and security are part of the community. Don't miss this one!
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| Nov 27, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed by Harcourts Desert Homes | $635,000 | |
| Listed by Harcourts Desert Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017