32291 Merion 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 |
|---|---|---|---|
| Sep 19, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $190,000 | |
| Listed | |||
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One of a kind home located in Tri Palms Estates 55+ golf course community with a 433A!!! This home is a rare gem as it is newer (2006) already on a permanent foundation and has a double car garage and a golf cart garage. It is also located in the lower HOA section of only $169 per month. Located right on the par 3 golf course with a spectacular view of the pond and Mt San Jacinto. Very private patio comes with a hot tub and boasts privacy as completely surrounded by a block wall fence. Comes turn key furnished subject to sellers list and includes golf cart. You own the land and two deeded owners of record receive unlimited golf on nine hole par 3 or eighteen hole regulation course. Centrally located in the Coachella Valley close to Home Depot, Costco, Walmart and several restaurants. Come enjoy California Desert Living at its best!! The manager has listed the unit size as 1344 square feet.
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| Jul 31, 2018 | Listed by Windermere Homes & Estates | $190,000 | |
| Listed by Windermere Homes & Estates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017