28225 Via Las Palmas
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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Listed by I Heart Real Estate, Inc. | $2,500,000 | |
| Listed by I Heart Real Estate, Inc. | |||
| Nov 10, 2019 | No longer available | - | |
| No longer available | |||
| Mar 18, 2019 | Listed | $2,500,000 | |
| Listed | |||
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This custom desert residence sits on 5 acres of land. Main house has approx. 4800 square feet of living space, in addition a 1500 square foot Penthouse room above the residence, with 360 degree view through plate glass windows, and a 500 Square Foot Patio also. The residence offers a 2 room office suite, for a total of 7500 Square feet. 33 car garage (not a typo), 18 car showroom garage, Dual RV garage, which can stow a helicopter. And yes it has a helipad. (Show proof of Aviation Ins. and copy of Pilots ID prior to viewing) and you can land right on the property. The manager has listed the unit size as 7500 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017