39250 Regency Way
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%.
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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 2, 2025 | Sold | ||
| Sold | |||
| Mar 26, 2024 | Listed by BBS Brokers Realty | $789,000 | |
| Listed by BBS Brokers Realty | |||
| Jun 20, 2019 | No longer available | - | |
| No longer available | |||
| Jun 6, 2019 | Price Decreased |
$349,900
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Apr 15, 2019 | Listed | $359,500 | |
| Listed | |||
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This north Palm Desert address is highly sought after family friendly gated community and convenient to many amenities such as Ronald Reagan Elementary School, Colonel Mitchell Paige Middle School, Palm Desert High School and the UC Riverside Palm Desert Campus. Regency Palms is also in close proximity to shopping, entertainment, several Country Clubs with golf courses. This 2015 sq. ft with 3 bedroom, 3 bathroom home is on a large (11,761 sq. ft) lot with a very low HOA. Regency Palms is the ideal place to live for an active desert lifestyle. The beautiful new Freedom Park is within walking distance and has various recreational opportunities including a dog park. Access to the I-10 freeway is close and easy via Cook or Washington St. and the Palm Springs International Airport is just twenty minutes away. The manager has listed the unit size as 2015 square feet.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017