37619 Driscoll 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 |
|---|---|---|---|
| Mar 12, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Listed | $329,000 | |
| Listed | |||
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This highly upgraded home sits on a large lot with a private backyard in a beautiful Palm Desert neighborhood. Inside, plantation shutters adorn every window while granite counter tops run throughout the kitchen and bathrooms. The home has been modernized with a tankless water heater, Nest thermostat, Ring doorbell, and a 240V charging plug for electric vehicles in the 2-car garage. New GE appliances include a fridge, gas stove/oven, dishwasher, microwave, washer, and dryer. A gas fireplace sits in the open-plan living room while the 3rd bedroom has been pre-wired for a home theater. Outside, large ficus trees surrounding the perimeter of the backyard provide privacy for the grass lawn, perfect for dogs and children to play. Fully mature landscaping includes various fruit trees such as lemons, grapefruits, oranges, tangerines, and limes. A large, clean, above-ground hot tub is fully installed for you to enjoy. During warmer days there is a mist system around porch. The manager has listed the unit size as 1271 square feet.
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| Mar 6, 2020 | Sold | ||
| Sold | |||
| Feb 6, 2020 | Listed by Bennion Deville Homes | $329,000 | |
| Listed by Bennion Deville Homes | |||
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This highly upgraded home sits on a large lot with a private backyard in a beautiful Palm Desert neighborhood. Inside, plantation shutters adorn every window while granite counter tops run throughout the kitchen and bathrooms. The home has been modernized with a tankless water heater, Nest thermostat, Ring doorbell, and a 240V charging plug for electric vehicles in the 2-car garage. New GE appliances include a fridge, gas stove/oven, dishwasher, microwave, washer, and dryer. A gas fireplace sits in the open-plan living room while the 3rd bedroom has been pre-wired for a home theater. Outside, large ficus trees surrounding the perimeter of the backyard provide privacy for the grass lawn, perfect for dogs and children to play. Fully mature landscaping includes various fruit trees such as lemons, grapefruits, oranges, tangerines, and limes. A large, clean, above-ground hot tub is fully installed for you to enjoy. During warmer days there is a mist system around porch.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017