37608 Medjool Avenue
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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%.
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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 9, 2022 | Sold | ||
| Sold | |||
| Mar 10, 2022 | Listed by Compass | $575,000 | |
| Listed by Compass | |||
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Sun City Palm Desert- St. Croix. This hard to find 3 Bedroom & 3 car garage version of Sun City's most popular greatroom home is move-in ready. AC new 2013 and water heaters new 2020. The exterior has an updated paint scheme. The east facing rear yard has an extended flagstone patio, raised planter, lush landscaping and a water feature. Inside, tile and plantation shutters are throughout. The beautiful kitchen has corian counters, a breakfast bar, chef's island and stainless appliances. The spacious primary suite has a large walk-in closet with built-in storage. The primary suite bathroom has a stall shower with textured glass doors, dual sinks and upgraded lighting. A shower/tub is in the guest bathroom which is located adjacent to both guest bedrooms. The laundry room has built-in storage. The 3 car garage has built-in storage.
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About Desert Palms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017