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38133 Chris Drive
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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.
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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 |
|---|---|---|---|
| Sep 30, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2021 | Listed by JohnHart Real Estate | $689,000 | |
| Listed by JohnHart Real Estate | |||
| Jun 1, 2021 | Sold | ||
| Sold | |||
| May 2, 2021 | Listed by Berkshire Hathaway HomeServices California Properties | $570,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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A superior location on an isolated Cul De Sac high in the Cathedral City Cove makes this mid-century jewel the perfect home for any need! A classic rambler, complete with multi texture facade it sits high upon an elevated lot affording majestic mountain views. The huge fully fenced back yard with pool, covered patio, and Weber bar-b-que makes it perfect for very private parties large and small. Enter into a spacious great room with vaulted ceilings opened up by the previous owner. An attic space with bevel block windows was also created accentuating the homes mid- century charm. Title records show a 3rd bedroom but it too appears to have been opened up to create a den space. Leave it as is or add a French Door entry and some doors to the existing closet space and ''presto-chango'' it's a bedroom again! Purists will appreciate some of the original mid-century elements remaining throughout the home such as vents, shower and kitchen tile and appliances. Other accents have been added over the years such as a stand-alone sink, black and white basket weave flooring, sconces and other lighting fixtures. The great room kitchen has been modernized with a stainless island range hood over the gas cooktop. Often overlooked green features include energy saving evaporative cooler and WiFi thermostat. The garage door opener is super quiet. Minutes from Mary Pickford Theater, City Hall, Civic Center, Restaurants, and the new Aqua Caliente Casino! No HOA! Make an offer today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017