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37706 DREXELL Drive
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 28, 2019 | Sold | ||
| Sold | |||
| May 28, 2019 | Listed by Desert Sotheby's International Realty | $415,000 | |
| Listed by Desert Sotheby's International Realty | |||
| Aug 22, 2016 | Sold | ||
| Sold | |||
| Jul 11, 2016 | Listed by RE/MAX Consultants | $355,000 | |
| Listed by RE/MAX Consultants | |||
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Standard sale with quick response on all offers! Great curb appeal with desert scape landscaping. Property features 4 bedrooms and 2 baths with a living room, great room, and den! Floor plan flows really well with the benefit of split bedrooms to offer privacy. French doors from living room and master bedroom giving direct access to pool/spa/BBQ area. Home has solar panels greatly reducing electric bills, windows have been tinted and most have exterior solar screens. Many of the windows also have dual window coverings on the interior. Home is very energy efficient! If you like to entertain, this is it! Nice large pool, spa, fire pit and built-in BBQ island is waiting for you to invite your friends over for a fun get together. Won't last long and you will not be disappointed! Call to schedule your private showing today!
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Property Highlights
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017