38806 Chaparrosa Way
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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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Mar 24, 2023 | Listed by Pat Owen Realty | $299,000 | |
| Listed by Pat Owen Realty | |||
| Mar 2, 2023 | Listed by Pat Owen Realty | $299,000 | |
| Listed by Pat Owen Realty | |||
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Welcome to Palm Desert Greens, a premier gated and guarded 55+ golf course community. Enjoy year round warm weather that allows you to play golf on your own private 18 hole course 365 days a year! Enjoy luxurious country club living at its best as you and your guests enjoy pickleball, tennis, bocce ball, basketball courts, multiple swimming pools, recreation center, clubhouse, workout facilities and more! Your HOA fee also pays for free WiFi, cable TV, and waste disposal. The seller just gave this home a total face lift including a brand new kitchen with new cabinets, quartz counters, new sink, new faucet, new laminate wood floors and stainless steel appliances. The interior was just completely painted, both bathrooms have brand new vanities, sinks and faucets, new light fixtures, recessed lighting, new carpet throughout, new laminate flooring entry, and more! The floor plan is perfect for two roommates or two couples... master bedroom with its own bath is on the west side of the house and the other bedroom and a second full bath is on the east side of the house. There is also a huge family room right off of bedroom 2 and the living room is right off of the master bedroom. Speaking of the huge family room, it would be very easy to add a partition wall and closet to create a third bedroom! This home is completely turnkey and ready to move in, and the golf course is only 150 yards away. Take your golf cart to all of the amazing amenities that this country club has to offer.
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| Oct 26, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017