41860 Ward 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 |
|---|---|---|---|
| Jun 1, 2019 | No longer available | - | |
| No longer available | |||
| Feb 19, 2019 | Listed | $675,000 | |
| Listed | |||
| | |||
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Welcome to Sunterrace, one of the most sought after, prestigious and private neighborhoods in the Valley. No club house or golf course to maintain, so very low HOAs - $140/month. Also, the home is located in the middle of the neighborhood, away from street noise. This home is one of a kind -- completely remodeled from head to toe w/ contemporary high-end finishings. Open floor plan with living room, dining area, kitchen bar seating, kitchen nook, all looking out to the beautiful back yard with sparkling pool/spa. Master suite includes stunning ensuite with arabescque tile floors, modern bath tub, barn doors to the linen closet, large closets. 2 more bedrooms on the other side of the house and an attached casita. 3 car garage has its own air conditioner. Backyard includes pool and spa with several entertaining areas. The yard includes a lawn area for a putting green, trampoline or whatever you desire. This home is a must see!!! The manager has listed the unit size as 2502 square feet.
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| May 24, 2016 | Sold | ||
| Sold | |||
| Nov 6, 2015 | Listed by Vine Property Group, Inc. | $525,000 | |
| Listed by Vine Property Group, Inc. | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017