42650 May Pen Road
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 28, 2021 | Sold | ||
| Sold | |||
| Jan 9, 2021 | In contract | - | |
| In contract | |||
| Dec 17, 2020 | Listed by RE/MAX Consultants | $724,900 | |
| Listed by RE/MAX Consultants | |||
| | |||
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Stunning architectural design, this custom built mid century modern home is unlike any other you will find inside Bermuda Dunes Country Club. Once you walk in the front gate you will be greeted with a sparkling pebble-tec pool that shines off the big bay windows. An open floor plan great for entertaining and a kitchen the chef in the family will love cooking in as guests gather around the oversized waterfall island. All bedrooms have their own en suite plus a powder room for your guests. This home is sure to stand out amongst the rest with two tankless hot water heaters and multiple mini split AC units making this home highly energy efficient. Some of the other features would include a double door pantry, solid core doors throughout, oversized electric fireplace and three car garage. Buyer may be able to pick some fit and finishes depending on what stage the building process is in. Estimated completion date is March 2021. The manager has listed the unit size as 2531 square feet.
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| Nov 25, 2020 | Listed by RE/MAX Consultants | $724,900 | |
| Listed by RE/MAX Consultants | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017