37538 Melbourne Street
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by C 21 Coachella Valley RE | $450,000 | |
| Listed by C 21 Coachella Valley RE | |||
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Welcome to vibrant Indio, California - the festival capital! Nestled in the sought-after community of Talavera in North Indio, this charming home offers three bedrooms, two bathrooms, and an inviting open floor plan. Meticulously maintained, this residence boasts stunning mountain views, a spacious kitchen with ample cabinet space, and generously-sized bedrooms. Situated in a tranquil neighborhood with convenient freeway access, this home is surrounded by top-rated schools, popular dining spots, and shopping destinations. Don't miss out on this opportunity - schedule your showing today before this gem is gone!
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Property Highlights
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About Indio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017