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42608 Devonshire Street
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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 |
|---|---|---|---|
| Apr 19, 2021 | Sold | ||
| Sold | |||
| Feb 28, 2021 | Listed by Charles Barenbrugge, Broker | $479,900 | |
| Listed by Charles Barenbrugge, Broker | |||
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''ALLURING OASIS'' in Palm Desert!1) Light and bright.2) Updated Variable Speed AC/Heater Package and Water Heater.3) Newer/Modern Ceiling Fans in living area.4) Upgraded LED lighting throughout.5) Freshly re-stuccoed and painted home exterior.6) Repaired and repainted backyard pool deck.7) Peaceful and private backyard oasis.8) Well-maintained landscaping.9) Professionally refinished tile in kitchen and living areas.1) Restored roofing with certification.2) Recently installed sliding doors.3) Double-pane windows resulting in lower energy bills.4) Newly renovated Pebble Tec, salt water pool.5) See-thru fireplace in living area.6) Large, ''Sun-Spot'' deck in backyard.7) Modernized and spacious kitchen.8) Large and beautiful Master walk-in shower.Seller loves the neighborhood because:1) Desirable desert location.2) Quiet street/neighborhood.3) Centrally located in Valley.4) Short distance to world-class Tennis Garden.5) Underground wiring leading to extraordinary mountain views.6) Close to I-10 and El Paseo shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017