38579 Clear Sky Way
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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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 18, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | Listed by Compass | $579,000 | |
| Listed by Compass | |||
| May 28, 2013 | Sold | ||
| Sold | |||
| Mar 25, 2013 | Listed by Tarbell REALTORS | $398,000 | |
| Listed by Tarbell REALTORS | |||
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Beautiful 3 Bedroom Emerald with Two Master Suites and Gated Courtyard with Working Water Fountain. Once through the Double Entry Doors you will notice the Great Coffered Ceilings in the Entry, Living Room and Master Bedroom. Skylights for additional natural light. Fans and Lighting on Dimmers throughout home. Painted inside and outside by current owner. Plantation Shutters on most windows except Living Room. Solar Screen on most Transom Windows and Doors to Courtyard from 2nd Master Suite. Newer Landscaping in Front and Back with Extended Patio with Large Alumawood Coverings over the Patio and extended to the first Master Suite. Patio is set up for Entertaining with 2 Fans and Lights. Beautifully Landscaped Large Lot (7841 Sq Ft est.) Water Feature with Beautiful Flowering Bouganvilla on Wall. Back Yard Boasts a Mango, Pear, Grapefruit, Lemon and Fig Trees. Lots of Room for Just Relaxing or Sitting in the Hammock reading a Book. Large Garage with Golf Cart Door. Must See!!
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About Desert Palms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017