41685 Michelle Place
About This Property
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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 |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Listed by Berkshire Hathaway HomeServices California Properties | $549,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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If you're looking for a lovely 4 Bedroom/ 3 Bathroom home in a gated community, look no further. This beauty in Generations in north Indio is ready for the next lucky owner. The Chef's Kitchen opens to the Great Room, which sports a fireplace for those chilly Desert nights. Custom concrete floors add to the style of the spacious floor plan. The Master Bedroom hosts a large Bathroom with a soaking tub and shower. The Backyard is adorned in custom pavers and is totally private and extremely low maintenance. The landscaping and irrigation system is newer, and the exterior of the home was repainted in 2019. Family Development built Generations does not have a Mello-Roos and is conveniently located near shopping, dining and easy access to Interstate 10.
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About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,500 /mo
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$4,350 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017