39561 Picasso Court
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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.
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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 |
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| Jul 20, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by Compass | $599,000 | |
| Listed by Compass | |||
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Beautiful newer gated community with low HOA's of $96 a month. This lovely home is at the end of a cul de sac on a larger lot. The home has three bedrooms and two and a half baths with nice separation between the guest rooms and the master bedroom. The master bedroom has sliders to the pool/spa area along with the living room/kitchen. Nice open floor plan with a dining room off the kitchen and living area. The current owner has put in new plank flooring in the great room, hallways, powder room and master bedroom, and the guest bedrooms have new carpet. There is also new stainless steel appliances in the kitchen (he has a new stainless steel microwave but is waiting on a part before installing. The interior of the home has also been recently painted. The backyard has a beautiful pool with an elevated spa with cascading rock waterfall. Next to the pool the owner has put in a covered area for dining. The landscaping is lovely and low maintenance. There is plenty of room on the side yard and currently has a storage shed. The two car garage has an epoxy floor and built-in storage. This home has been meticulously maintained. Don't miss this opportunity!
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| Sep 21, 2020 | Sold | ||
| Sold | |||
| Jun 17, 2020 | Listed by Berkshire Hathaway HomeServices California Properties | $439,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Rarely available Espana home. Meticulously maintained in a wonderful area in North Indio. Gorgeous views of the Chocolate Mountains. 3 bed 2-1/2 bath charmer, with an oasis for a back year. Originally a model home for Espana, with granite counter tops, stone fireplace, formal dining room. Small complex with very low HOA'S. The pool area is perfect for pets and family. Over 40 Plumeria plants, custom stone tile walkway, patio cover & a doggie door. Spa and sparkling pool. Lounge outside and enjoy a refreshing drink, while you view the sunset on the Chocolate Mountains. Bring your buyers, you will not be disappointed. Look forward to seeing you..
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017