41660 Jones Drive
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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.
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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 10, 2020 | Sold | ||
| Sold | |||
| Nov 6, 2020 | Listed by Realty Executives Desert Lifestyles | $1,049,000 | |
| Listed by Realty Executives Desert Lifestyles | |||
| Oct 16, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $659,000 | |
| Listed | |||
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Beautifully maintained and meticulously cared for, this home is the largest floor plan (The Granville) in the sought after Sunterrace neighborhood. No clubhouse or golf course to maintain through HOA dues. 4 bedrooms, 4 baths, including a large detached casita. Perfect back yard with a sparkling pool/spa, and large covered patio area. Inside, high-end shutters and high ceilings throughout create a light and bright ambiance with a beautiful view of the backyard from almost every room. The formal dining room has been converted to a large office, which can be used as an office or converted back to a separate formal dining room. The living room/dining area is all open to the back yard, expanding the entertaining area to the outside. The chef's kitchen has a large pantry, double ovens and kitchen nook - all open to the entertaining/family room creating an open concept, with built-ins and room for sofas and a game table. All in a great neighborhood with only $135 HOA dues! The manager has listed the unit size as 3102 square feet.
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| Aug 14, 2018 | 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