2860 Midas Avenue
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 21, 2022 | Sold | ||
| Sold | |||
| May 4, 2022 | Listed by Your Home Sold Guaranteed Rlty | $289,900 | |
| Listed by Your Home Sold Guaranteed Rlty | |||
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We invite you to come and see this great opportunity for private desert living in the desirable area of Vista Del Mar, just minutes from the Salton Sea, Red Earth Casino, Lithium Mines, and off-roading in Ocotillo Wells.Improvements include leased solar system that has zero balance due on the lease with 18 years left, newer wood laminate flooring, granite countertops, and a large fenced back yard. Imagine your easy day trips to Joshua Tree National Park, Palm Springs, and all the signature events in the Coachella Valley. Pack your adventure gear from the comfort of your own home and head out to all the delights the desert has to offer!
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| Jul 28, 2017 | Sold | ||
| Sold | |||
| Feb 12, 2017 | Listed by Desert Choice Realty | $129,900 | |
| Listed by Desert Choice Realty | |||
| Apr 20, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017