400 Prime Desert 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%.
How much can I actually make?
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 21, 2020 | Sold | ||
| Sold | |||
| Nov 24, 2020 | Listed by Cornerstone Realty | $245,000 | |
| Listed by Cornerstone Realty | |||
| Apr 12, 2019 | Sold | ||
| Sold | |||
| Sep 29, 2018 | Listed by ERA Sellers & Buyers Real Esta | $221,950 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
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The Danielle IV home design from Edward's Homes. It's all in the details, with unique features and designs! Beautiful community off I-10 between Artcraft and Redd. Quick and easy access to shopping at West Towne Marketplace and to Loop 375. Stop by our model homes to preview this beautiful home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017