41775 Ward Drive
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 |
|---|---|---|---|
| Sep 14, 2023 | No longer available | - | |
| No longer available | |||
| Aug 3, 2023 | In contract | - | |
| In contract | |||
| Jun 16, 2023 | Price Decreased |
$1,179,000
↓ $121K
(9.3%) | |
| Price Decreased | |||
| May 13, 2023 | Listed by Desert Sands Realty | $1,300,000 | |
| Listed by Desert Sands Realty | |||
| | |||
|
With a new price adjustment, this home is a MUST SEE!! Situated on an oversized lot within the highly sought after community of Sunterrace in Palm Desert, this beautiful home has it all! With an open floorplan, this home is light, bright, and airy. Seller has added many new amenities including flooring throughout, all solid core doors, stack stone fireplace, refinished cabinets, appliances, water softener, BBQ area, fire pit, patio cover, and Tesla wall. The pool has been refinished and converted to salt water. There is also a two-room casita with its own private entrance and privately fenced yard...perfect for a mother in-law suite or that rental for additional income. In addition to all of the above, the property is Solar equipped. The seller has not had an electric bill since moving in! The only fee is the solar lease of $346.00 monthly! The manager has listed the unit size as 3102 square feet.
| |||
| Oct 30, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017