37 Gibraltar 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 4, 2020 | Sold | ||
| Sold | |||
| Apr 17, 2020 | In contract | - | |
| In contract | |||
| Mar 30, 2020 | Price Decreased |
$869,000
↓ $19K
(2.1%) | |
| Price Decreased | |||
| Mar 9, 2020 | Listed | $888,000 | |
| Listed | |||
| | |||
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When you pull into the driveway of this spectacular Palm Desert property,you'll know that you are home! Leaving nothing to chance, these homeownershave sparred no expense in creating an oasis in the California desert. With atotal of 5 bedrooms and 5 baths (2 of which are casitas with their own privateentrances), you'll have room for plenty of family and friends to visit. Abeautiful iron gate & lead glass door entry will lead you into the magnificentliving room. The master suite is private and elegant, and the dining room ischic, comfortable and fun. A light, bright and cheerful kitchen willaccommodate the amateur or professional chef alike. Stainless steel appliances adorn the kitchen, including 2 wine coolers, as well as a warming oven. The backyard is lush and landscaped, with your own putting green, citrus trees, a gorgeous salt water pool and spa, gas patio heater, speakers, outdoor entertainment seating, electric awnings and meandering paths lined withflowers and fruit trees. The manager has listed the unit size as 3493 square feet.
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About Palm Desert
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Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219038848DA
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Address: 335 Madison Avenue, New York, NY 10017