38671 Nyasa 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.
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 22, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by Prime Properties of the Desert | $620,000 | |
| Listed by Prime Properties of the Desert | |||
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Recently remodeled and stunning! This home offers an open floor plan that flows and is very light and bright. The rear of the home is all glass and opens to your private pool with panoramic golf course and mountain views. The kitchen is a chef's delight with custom cabinetry, quartz counters and brand new stainless steel appliances. This property is unique to this floor plan. The rear patio area has been enclosed which provides a great bonus room/office /guest room with an extra 3/4 bath. As a member of Avondale Country Club you can enjoy social events at the club including dining, tennis, pickleball and fitness. In addition Avondale offers member ship to the beautiful tree lined mid western style 72 hole 6728 yard tournament golf course. Come and enjoy this beautiful home!
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| Feb 4, 2020 | Sold | ||
| Sold | |||
| Oct 14, 2019 | Listed by Desert Sands Realty | $292,600 | |
| Listed by Desert Sands Realty | |||
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Price Reduction! Located in the renown Avondale Country Club the subject property boasts 2 bedrooms and 2 baths with a private pool, 2.5 car garage and plantation shutters throughout. The community's low HOA fees offer access to the fitness center, lounge, tennis court and much more. Please note Avondale Country Club is one of only two communities in Palm Desert that is on the lower cost Imperial Irrigation District electrical grid over Edison. With one of the finest golf courses in the valley Avondale Country Club is a beautiful, classic community that will always be in demand. Equal Housing Opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017