39941 Kersten Road
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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 |
|---|---|---|---|
| Sep 21, 2015 | Sold | ||
| Sold | |||
| Jul 16, 2015 | Listed by Coldwell Banker Realty | $699,900 | |
| Listed by Coldwell Banker Realty | |||
| May 11, 2013 | Sold | ||
| Sold | |||
| Feb 22, 2013 | Listed by Coldwell Banker Realty | $487,500 | |
| Listed by Coldwell Banker Realty | |||
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This is a terrific 4 bedroom 3.5 bath home located on a quiet lane in the heart of Rancho Mirage. Entertainers - this home is for you! The large formal living and dining room overlook the patio, pool & spa. Offering lots of outdoor living space and a covered wrap around patio, it even includes a misting system. The family room has a vaulted and beamed ceiling, fireplace, indoor BBQ and a full bar. The Chef's kitchen includes huge Wolfe 6 burner cook top and grill, 2 ovens, granite countertops and walk in pantry. The master bedroom has a retreat that can be used as an exercise room. The master bath has been remodeled with travertine and has a spa tub and separate shower. Former President and First Lady Gerald and Betty Ford, Lucille Ball and many other well know names have made Rancho Mirage their home. Rancho Mirage is In the Heart of the Desert. It is centrally located convenient to shopping, entertainment and dining. Palm Springs International Airport is just 15 minutes away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017