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3947 Sandy Circle
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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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | Listed by Socalhomeshop Inc. | $649,000 | |
| Listed by Socalhomeshop Inc. | |||
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BEST VALUE in ALL of Palm Springs!! Where else in PS can you buy a 2 bedroom plus den/optional 3rd bedroom, 2,825 SF home built in 2005 for $229/SF? You can't. Seller recently installed two brand new HVAC systems and water heater approximately three years old! Welcome to 3947 Sandy Circle a true 55+ lifestyle property in Palm Springs. This pristine Canyon 3 home is a generous 2,825 SF with 2 BEDS, 2.5 BATHS, den, formal living and dining rooms, family room, kitchen, laundry room and attached two car garage. Generously sized rooms with 9+ ft ceilings accommodate oversized furnishings. Grand entry leads to formal living and dining rooms. Kitchen opens to family room with fireplace. Primary bedroom has oversize walk-in closet, shower and dual vanity. Bedroom 2 and Den share jack and jill bath. Powder room for guests. Residence is in immaculate condition and feels like a new home. Four Seasons is an amenity rich community including a fully staffed clubhouse called The Lodge that houses a bistro, game room, billiards, and library. Community pools and spas, fitness center, aerobic room, pickleball, lighted tennis courts and biking/walking trails offer diversity for your fitness needs. Outdoor BBQ area located poolside keeps the party going. Clubhouse offers variety of activities including bingo, poker night, potluck, sushi class, dance lessons in the ballroom, and more.
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Property Highlights
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About Palm Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017