42210 Summit Way
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 17, 2026 | Price Decreased |
$569,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jul 20, 2026 | Listed by Better Homes and Gardens Real Estate | $579,000 | |
| Listed by Better Homes and Gardens Real Estate | |||
| Oct 20, 2016 | Sold | ||
| Sold | |||
| Sep 9, 2016 | Listed by JM Desert Real Estate | $329,900 | |
| Listed by JM Desert Real Estate | |||
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Beautiful spacious home inside the gated community of Mountain Estates. Move-in ready with many upgrades. 3 bedroom 2 bath home with generous living space. Jack and Jill bathroom. Main floor is tiled, carpet in rooms. Extra cabinets in laundry. Granite counters in kitchen, hardware upgrades, stainless steel appliances. Dining room has been outfitted with a wood-like tile flooring and boasts a decorative glass tile border trim. Must see to admire. Fire sprinkler system throughout the home adds extra safety for your family. Separate shower and bath. Exterior stone at entry, pavers for RV driveway, and custom iron gate add curb appeal. Front and back yards are neatly landscaped using underground irrigation. Artificial grass sectioned in backyard, solar outdoor lighting, custom borders, private BBQ with HOA permits. Finished 3-car garage with exit door. Community is conveniently located to dining and shopping in the highly sought after area of Indio, north of the I-10.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017