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3175 Waverly Drive
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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Listed by Desert Lifestyle Properties | $659,900 | |
| Listed by Desert Lifestyle Properties | |||
| | |||
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A luxury desert oasis unmatched at this price! CHECK THE COMPS... They average over $300 per ft. THIS IS A SMOKIN DEAL. Located on 2.4 acres this home has privacy. Built in 2007 this custom home has it all. An amazing floor plan with formal living and dining rooms. A large kitchen opens to a family room with beautiful stone fireplace. A split floor plan with the primary suite on one side with two bedrooms with an office on the other side of the home. An oversized garage that could accommodate 3-4 cars. Outside there is an entertainer's paradise featuring a pool/hot tub, covered patio with BBQ, firepit sitting area. There is an 16x40 RV garage perfect for contractors or car collectors. The property is close to Joshua Tree Village and the National Park. Solar will be paid off with an acceptable offer. Some photos are virtually staged. Property is only .3 of a mile off a paved road.
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| May 13, 2025 | Price Decreased |
$620,000
↓ $29K
(4.5%) | |
| Price Decreased | |||
| Apr 22, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017