40779 Queen City Street
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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 |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by HomeSmart Professionals | $499,000 | |
| Listed by HomeSmart Professionals | |||
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Welcome to the desirable neighborhood of Sonora Wells in North Indio! From the stunning gated entrance, to the beautiful landscaped neighborhood and expansive streets, your new family home and community is calling! This 3 bedroom 2 bathroom is full of customizations and details that will instantly make this property feel like home! This open floor plan offers a spacious kitchen overlooking the expansive dining room area, and dining nook. An exterior door between the kitchen and dining area opens up to a huge backyard with a covered patio, designated fireplace area and plenty of room for entertaining! The landscape offers a huge lawn area for entertainment and an area for kids to play. The interior bedrooms offer a large Master Suite with walk-in closet, and ensuite bath with soaking tub and separate shower area. The two separate bedrooms sit opposite of the master suite for total privacy. This gorgeous community offers its large community parks, playgrounds, resort style pool and spa. A social committee alongside HOA offers seasonal parties, gatherings, and fun family events with the whole neighborhood. Call today for a private showing.
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| Dec 1, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by Coldwell Banker Realty | $475,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Welcome to the desirable neighborhood of Sonora Wells in North Indio! From the stunning gated entrance, to the beautiful landscaped neighborhood and expansive streets, your new family home and community is calling! This 3 bedroom 2 bathroom is full of customizations and details that will instantly make this property feel like home! To top it off, this home is offered fully furnished. Furnishings have been carefully selected and placed strategically throughout the space to offer a warm and inviting atmosphere. This open floor plan offers a spacious kitchen overlooking the expansive dining room area, and dining nook. An exterior door between the kitchen and dining area opens up to a huge backyard with a covered patio, designated fireplace area and plenty of room for entertaining! The lush green landscape offers a huge lawn area for entertainment and an area for kids to play. The interior bedrooms offer a large Master Suite with walk-in closet, and ensuite bath with soaking tub and separate shower area. The two separate bedrooms sit opposite of the master suite for total privacy. This gorgeous community offers its large community parks, playgrounds, resort style pool and spa. A social committee alongside HOA offers seasonal parties, gatherings, and fun family events with the whole neighborhood. One of the best perks of its North Indio location - IID district electricity is Lower electricity rates.
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| Jul 20, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017