39974 Newcastle Drive
About This Property
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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 |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by eXp Realty of California, Inc. | $949,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Welcome to 39974 Newcastle Drive, an exquisite retreat nestled in the prestigious Regency Estates of Palm Desert a Private, safe gated community features two tennis courts and a basketball court. This stunning highly upgraded two story furnished. home boasts 4 bedrooms, 4 bathrooms, and 3050 square feet of luxurious living space, perfectly located on a cul-de-sac. This home offers the perfect blend of elegance and comfort with breathtaking mountain views. As you enter, you'll be greeted by the spacious living area. The master suite is conveniently located downstairs and features a spacious layout, a lavish en-suite bathroom, and a walk-in closet, designed for ultimate comfort and relaxation. With three additional bedrooms and bathrooms there's plenty of space for family and guests to feel right at home. Prepare to be dazzled by the gourmet kitchen, equipped with top-of-the-line appliances, sleek countertops, and ample storage space. Step into your Private backyard featuring a sparkling pool and spa (heating optional), lush landscaping, and BBQ entertainment area. Minutes to El Paseo shopping/restaurants, golf courses, grocery stores, entertainment events, downtown Palm Springs, and more! Schedule your showing today and prepare to fall in love!
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| Feb 22, 2021 | Sold | ||
| Sold | |||
| Oct 24, 2020 | Listed by Desert Sands Realty | $640,000 | |
| Listed by Desert Sands Realty | |||
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Please visit this beautiful well appointed home in Palm Deserts sought after Regency Estates. One of the larger homes at 3,050 sq, ft. 4 bedrooms & 4 Baths in the complex. This empress model has many desirable features such as newer paint and floor coverings. Large living room and dining area, separated family room. A large beautifully landscaped yard and sparkling pool & spa. and all very private. Very nice inside and outside. Furnishings and appliances included.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017