40757 Thunderbird Road
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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 |
|---|---|---|---|
| Mar 17, 2019 | No longer available | - | |
| No longer available | |||
| Feb 14, 2019 | Listed | $1,849,000 | |
| Listed | |||
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Revel in Striking Unobstructed Mountain, Valley & City Light Views in coveted Thunderbird Heights. This light filled residence sits on an elevated corner lot & was recently transformed to offer an oasis packed with luxurious amenities. A dramatic courtyard entry invites you in to a fabulous Great Room featuring a motorized wall of glass, which captures the panoramic view & expands the living space outdoors. The gourmet kitchen features Viking appliances, 2 dishwashers, wine & beverage center, Subzero refrigerator, Cambria Quartz counters, custom cabinetry & opens to the dining room. The main house has 2 Master suites, one with an office, complete with spa style bathrooms. There's also a detached casita suite with kitchenette & fireplace. The private yard provides endless enjoyment & entertaining opportunities with lush landscape, pebble tec pool & spa, firepit and unique fire feature. No detail was missed in blending modern amenities & sophisticated details in this perfect desert home. The manager has listed the unit size as 4972 square feet.
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| Mar 21, 2016 | Sold | ||
| Sold | |||
| Sep 23, 2015 | Listed by Bennion Deville Homes | $1,795,000 | |
| Listed by Bennion Deville Homes | |||
| Mar 28, 2014 | Sold | ||
| Sold | |||
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About Thunderbird
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017