281 Corte Bella
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by eXp Realty of California, Inc | $695,000 | |
| Listed by eXp Realty of California, Inc | |||
| Dec 6, 2023 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | Listed by eXp Realty of California, Inc | $695,000 | |
| Listed by eXp Realty of California, Inc | |||
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CLEAN BRIGHT INTERIOR. Open Concept Floor-plan featuring high-ceilings! Private detached home located on corner lot within quiet cul-de-sac in PRIME Palm Desert central location behind gates of a fiscally managed HOA* of just $90 month! This tastefully appointed home currently presents; Fireplace in Great Room with Mountain Views, separate Dining Room that could be Office, large Kitchen includes additional serving counter and two pantries, plus generous breakfast table area with glass slider to sheltered Patio. Kitchen has newer updated appliances, gas convection range, and Quartz counters. Primary suite featuring glass slider to 2nd rear slate sunning patio, sitting area, walk-in closet, entry hall with 5' cabinet counter/cabinets. Private bath offers dual sinks, shower stall, soaking tub and enclosed commode. Separated large front Guest Room with walk-in closet accesses hall bath, plus a 3rd Bath-shower/Power Room at Entry. Two patios areas - one covered, in private lush landscaped yard with Mountain Views and Fountain! Indoor laundry room with window, 2 car garage with direct access, and newer dual A/C compressors. Palm Desert Merano gated Community of 126 homes is just across the street from wonderful groceries and eateries, while just a short drive to Eisenhower Heath Campus, Box-stores to north and wonderful El Paseo Shopping District, the desert's premier luxury shopping and dining destination, to the south. Only 10 miles to Palm Springs International Airport. The manager has listed the unit size as 1961 square feet.
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| Jun 1, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017