39315 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%.
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 |
|---|---|---|---|
| Dec 31, 2020 | Sold | ||
| Sold | |||
| Nov 16, 2020 | Listed by Keller Williams Luxury Homes | $575,000 | |
| Listed by Keller Williams Luxury Homes | |||
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Beautiful 3 bedroom and 3 bathroom home situated on a corner lot features vaulted ceilings, travertine flooring and a Lagoon-style pool with fountain, waterfall & spa. This home offers a spacious interior with a large open kitchen, granite counter tops, stainless steel appliances and a casual dining area with views of the outdoor landscaped yard. The master suite is light and bright with an ensuite master bath featuring a walk-in shower, dual vanities, separate soaking tub, and access to rear patio. Bedroom one and two each have a walk-in closet with an adjacent bathroom to share. This home has a bonus room which would be perfect to use as an office or work-out room. The backyard wraps around the home and includes a huge side yard and many fruit trees. Don't miss out on this opportunity to live in a highly desired gated community with low HOA's that include Cable and internet! Please be sure to enjoy the virtual walkthrough provided!
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| Nov 14, 2013 | Sold | ||
| Sold | |||
| Sep 5, 2013 | Listed by Coldwell Banker Realty | $355,000 | |
| Listed by Coldwell Banker Realty | |||
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Absolutely gorgeous 3 Bedroom/ 3 Bathroom house, perfectly situated on a huge corner lot! The casual dining area and kitchen opens to a beautifully landscaped, large backyard. The extended master bedroom suite is adjacent to the master bath with walk-in shower, dual vanities, separate soaking tub, perfect for relaxation, and access to rear patio. Besides 2 other bedrooms, this home also features a bonus room off to the side of the garage which would be perfect to use as an office or work-out space. Not only does this home have wonderful additional features, it also has been recently remodeled. All in all, this is a fantastic property in a wonderful community, with most homeowners being the original buyers. This alone should be a great testimony as to the quality of the neighborhood.
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| Jul 26, 2013 | Sold | ||
| Sold | |||
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About Palm Desert
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Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21477139DA
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