42 Sutton Place E
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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%.
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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.
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 |
|---|---|---|---|
| Dec 27, 2019 | Sold | ||
| Sold | |||
| Nov 8, 2019 | Listed by Real Estate Associates of The Desert | $529,000 | |
| Listed by Real Estate Associates of The Desert | |||
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PRICE IMPROVEMENT!! !! MOTIVATED SELLER!! Welcome to this fabulous 4 Bedroom home including attached casita with its own entrance! Spacious living room with adjacent dining area. The family room has a fireplace, media niche and access the the rear yard. Adjacent to the family room is a beautiful kitchen with slab granite counters, double ovens and center island. Plantation shutters throughout! Ceiling fans in all the bedrooms! The Master suite has an ensuite bath with dual sinks, stall shower, tub and walk in closet! Walk down the hall to two additional bedrooms and secondary bath. On the other side of the house is the attached casita with its own private entrance and third bath!! Very private and perfect for your family and friends! Walk outside to the incredible oversized backyard with covered patio, lush landscaping, sparkling pool, spa and built in barbeque! There is a dry koi pond that can be made into whatever you desire. On the side of the house is a beautiful rose garden!! 2 car PLUS golf cart garage with epoxy floors and built in cabinets!! This very special home should be at the top of your A+++ list!!
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017