39891 Kersten Drive
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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.
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 20, 2022 | Sold | ||
| Sold | |||
| Aug 31, 2022 | Listed by Berkshire Hathaway HomeServices California Properties | $1,349,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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This gorgeous remodeled and upgraded home is located in Rancho Mirage, in close proximity to Eisenhower Medical Center. The 2,918 square foot home is comfortable, light, and spacious, and is comprised of two master bedrooms, and all three bedrooms have en suite bathrooms. Both master bedrooms have walk-in showers, soaking tubs, and all of the high-end finishes one would expect in a luxury home. California Closet upgraded all of the closets and added storage in the garage. The sophisticated color palette is consistent throughout every room and is framed by the custom flooring underfoot in the main living area. The voluminous gourmet kitchen is sure to please the chef and has a large island and counters adorned in sumptuous Quartz and high-end stainless steel appliances. The 60-foot long lap pool in the backyard is perfect for a morning swim, and the spa is the place to unwind at the end of the day, with awesome views of the Santa Rosas to the south. There's a barbeque island and covered patio for Al fresco dining with family and friends. This home features first-rate landscaping, a magnificent Fiore stone fountain in the courtyard, fruit trees, artificial turf, and landscape lighting. Desert Ranch Estates is not a gated community so there is no monthly HOA fee, but this home has security cameras and a front security gate that can be opened remotely. Call today to book your appointment to see this gorgeous home!
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| Sep 9, 2020 | Sold | ||
| Sold | |||
| May 23, 2020 | Listed by Keller Williams Luxury Homes | $995,000 | |
| Listed by Keller Williams Luxury Homes | |||
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**NEWLY REMODELED** The finest in luxury desert living is realized in this gorgeous home located in Desert Sun Ranch Estates within Rancho Mirage, with no HOA. Celebrating the desert's indoor/outdoor lifestyle, this home boasts an impressive custom, 60-foot, swimming pool, and spa with mountain views. The exterior gallery is expansive with plenty of room for entertaining and is complete with outdoor built-in BBQ. The Modern features, designer interior elements and a sophisticated color palette balance beautifully to create an amazing atmosphere for relaxing as well as stylish entertaining. Three spacious bedrooms, including two master suites each with en suite bathroom, promise comfort and serenity. The gourmet kitchen has top of the line appliances to delight epicureans. Book your private showing today! Furnishings negotiable outside of escrow.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017