40652 Baranda Court
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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 |
|---|---|---|---|
| Sep 17, 2020 | Sold | ||
| Sold | |||
| Jul 8, 2020 | Listed by Desert Sands Realty | $649,900 | |
| Listed by Desert Sands Realty | |||
| Dec 8, 2019 | No longer available | - | |
| No longer available | |||
| Nov 3, 2019 | Listed | $624,900 | |
| Listed | |||
| | |||
|
Stunning Remodel! The Beethoven ~ The Sonata Collection. Enter a private courtyard, double door entry. Gorgeous new wood laminate flooring. Beautiful custom granite slab kitchen counter top w/large island. New custom cabinetry w/under lightening. Family room off kitchen, fireplace with Chevron Tile. Dry bar w/wine refrig. Double basin dishwasher. Attached Casita off courtyard + bathroom, with own access code. Hot/cold water filter installed insta-hot. French doors lead out to courtyard. 5th bedroom off entry (no closet). High ceilings. 5'' baseboards. New window molding. Perfect house for entertaining & privacy ~ Huge rock waterfall and mature landscaping. Indoor/outdoor sound system. Nest Thermostat Energy Star Certificate. A/C in garage. Key-less entry, over sized garage. Dog run with iron gates. Leased solar to save with electric bills and energy savings variable speed pool pump. Brand new exterior paint. Located on a quiet Cul-De-Sac. Close to top-rated schools with high API ratings. Minutes to El Paseo shopping/dining/McCallum Theatre/Desert Willow Golf. NO HOA DUES. (short term rentals allowed, but verify with the city) The manager has listed the unit size as 2718 square feet.
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| Jun 2, 2019 | No longer available | - | |
| No longer available | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017