40448 Corte Placitas
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| Feb 3, 2024 | Listed by Coldwell Banker Realty | $899,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Step into the luxury of modern living in this meticulously remodeled home that seamlessly blends sophistication and functionality. Boasting 4 Bedrooms, 3.5 Baths and an office that can easily transition into a 5th bedroom. Quartz and Marble countertops, new tile and wood flooring with the cozy fireplace graces the living spaces. The gourmet kitchen boasts custom cabinets complimented with quartz countertops, stainless steel appliances and a six-burner gas cooktop that beckons culinary creativity. A large island with seating invites gatherings, while a dedicated coffee station promises the perfect start to your day. With the HVAC system recently replaced, and a solar system ensures year-round comfort. Beyond the main residence lies the charming casita with its own entrance surrounded by a generous courtyard. Casita is allowed to be used as a short term rental by resident owner. Step outside to discover a spa and large lap salt water pool offering convenient, effective, and enjoyable way to incorporate swimming into one's fitness routine and lifestyle. This home is not just a residence but a statement of refined living. Centrally-located, just minutes from schools, shopping and dining in Palm Desert and El Paseo. Seller offering a contribution of $4,500 towards the buyer's closing costs.
| |||
| Apr 12, 2021 | Sold | ||
| Sold | |||
| Dec 9, 2020 | Listed by LUXE Lifestyle Realty | $699,000 | |
| Listed by LUXE Lifestyle Realty | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,600 /mo
- 3 Beds
- 2 Baths
- 1,821 ft²
$8,500 /mo
- 3 Beds
- 3 Baths
- 2,136 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017