35 Lafayette Drive
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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 12, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | Listed by Equity Union | $1,499,000 | |
| Listed by Equity Union | |||
| | |||
|
Experience desert luxury in this updated 4BD/4BA Pebble Beach floorplan at The Springs Country Club. Featuring 2,948 sq. ft. of open living with high ceilings, walls of glass, and a sleek fireplace. Enjoy a new PebbleTec(r) pool and spa, fire pit, built-in BBQ, and low-maintenance desert landscaping. The chef's kitchen boasts Thermador appliances, porcelain countertops, and custom cabinetry. Smart-home tech controls HVAC, pool, and security. Includes 2-car + golf cart garage--a private modern retreat in the heart of Rancho Mirage.
| |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Price Decreased |
$1,499,000
↓ $41K
(2.7%) | |
| Price Decreased | |||
| May 14, 2025 | Price Decreased |
$1,540,000
↓ $45K
(2.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017