35260 Monarch Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 12, 2024 | No longer available | - | |
| No longer available | |||
| Jan 5, 2024 | In contract | - | |
| In contract | |||
| Sep 29, 2023 | Listed by Compass | $759,000 | |
| Listed by Compass | |||
| | |||
|
Sun City Palm Desert- Monaco. This extraordinary Monaco has 3 bedroom suites plus a casita providing a 4th suite. The home is located on a quiet street, near the Lakeview Clubhouse. The large pie shaped lot provides a spacious, south facing rear yard w/an expansive patio & in-ground spa that is surrounded by lush landscaping. A gated courtyard, double door entry and updated paint scheme provide curb appeal. Inside, 12ft ceilings are in the greatroom & foyer. 10ft ceilings are elsewhere. Shutters are on most windows. The greatroom features a double slider to the rear patio. A tile trimmed gas fireplace & built-in media center are in the family room. The impressive kitchen has slab granite counters, a large island w/breakfast bar, stainless appliances including a walloven, a skylight & large pantry. The extended primary suite has a door to the rear patio & large walk-in closet. The primary suite bathroom has dual sinks, an oversized tub and a stall shower w/glass enclosure; tile surfaces. The extended guest suite has a custom tile stall shower in its bathroom. The other guest suite has its own AC and tub/shower in its bathroom. French doors open from the rear patio to the casita. It has a wet bar w/extensive cabinetry, a refrigerator and granite counters. There is also a large closet and stall shower. The laundry room has a utility sink and extensive storage. The extend 2-car + golf cart garage has its own AC. The dual AC for the home is new 2015. The casita AC is new 2010. The manager has listed the unit size as 2725 square feet.
| |||
| Aug 27, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by HomeSmart | $729,000 | |
| Listed by HomeSmart | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Desert Palms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,300 /mo
- 3 Beds
- 1 Bath
- 1,909 ft²
$4,995 /mo
- 2 Beds
- 2 Baths
- 1,128 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017