39618 Camino Michanito
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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 28, 2022 | Sold | ||
| Sold | |||
| May 4, 2022 | Listed by Desert Sotheby's International Realty | $595,000 | |
| Listed by Desert Sotheby's International Realty | |||
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This upgraded 2 bedroom, 2 bath Embark model is an entertainers dream! After stepping in the home you will notice the friendly open floor plan with the ultimate look. Each bedroom is privately separated from one another with open living space in between. Boasting a saltwater pool and spa, smart features, fire features, waterfall, pavers, outdoor kitchen and barbecue area, fruit trees, misters, fire pit, all with a with a desert view! The extra large beautifully landscaped lot is perfect for your outdoor entertainment. With a custom concrete sealed driveway and walkways, the home is attractive upon arrival. The garage and golf cart garage have A/C and the entire home was built with upgraded insulation throughout. The 3rd car garage has been converted into an air conditioned sleeping area! The home also has a hard water softener, tile through out, custom stone backsplash, solar tube in the kitchen as well as other upgrades. Sun City Shadow Hills offers 2 golf courses, 2 clubhouses , fitness centers, pools, bocci, tennis, and pickleball courts, many clubs to join and low HOA dues. Short term rentals are allowed, IF professionally managed!
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| Nov 19, 2020 | Sold | ||
| Sold | |||
| Sep 23, 2020 | Listed by Riviera West Realtors, Inc. | $396,000 | |
| Listed by Riviera West Realtors, Inc. | |||
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This 2 bedroom, 2 bath Embark floor plan is an entertainers dream with saltwater pool and spa with fire features and waterfall, pavers, outdoor kitchen barbecue area, alumawood patio cover, fruit trees, misters, fire pit, and mountain views. The extra large beautifully landscaped lot is perfect if you have pets. With a custom concrete sealed driveway and walkways, and golf cart garage, this home definitely has curb appeal. The garage and golf cart garage have A/C and the whole home was built with upgraded insulation throughout. The home has a Kinetico water softener, tile through out, custom stone backsplash and accent wall, solar tube in the kitchen and many more upgrades. You have to see this one of a kind home that has only had one owner and first time on the market!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017