36720 Dune Palms Road
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 |
|---|---|---|---|
| May 3, 2024 | No longer available | - | |
| No longer available | |||
| Feb 28, 2024 | Price Decreased |
$1,400,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Nov 17, 2023 | Listed by Allison James Estates & Homes | $1,500,000 | |
| Listed by Allison James Estates & Homes | |||
| | |||
|
MUST SEE!!! This unique one-of-a kind ranch is nestled in the beautiful desert mountains. This ranch comes with 2 private entrances one for the main house and the other to a second property. The main house is extremely private with an enclosed backyard perfect to build the pool and spa of your dreams. The house has been tastefully updated with an open floor plan. As you enter, you will be welcomed into into a stunning sitting area and remodeled chef's kitchen with plenty of space. Freshly painted throughout, new laminate flooring, beautifully remodeled laundry room and guest bathroom. The primary room sits off the living area and is separate from the other bedrooms it has 2 closets with one being an oversized walk-in closet with custom wood cabinetry. The primary bathroom has a large soaking tub to relax after a long day.
The second property is a quaint 2 bedrooms, 2 baths hacienda style home. This charming home has beautiful mountain views and sits a short distance from the main house and has a separate entrance and address.
A total of 2.56 acres perfect use for either business or pleasure with plenty of space and storage. Come take a tour of this extraordinary ranch and see all that it has to offer. Professional photos coming soon. The manager has listed the unit size as 4053 square feet.
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| Oct 8, 2015 | Sold | ||
| Sold | |||
| Jun 3, 2015 | Listed by Realty Executives Desert Lifestyles | $370,000 | |
| Listed by Realty Executives Desert Lifestyles | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017