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42880 Cerritos Drive
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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 |
|---|---|---|---|
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Sep 5, 2022 | Listed by HK Lane Real Estate | $565,000 | |
| Listed by HK Lane Real Estate | |||
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Don't miss this opportunity to own a 3 bedroom two bathroom home inside Bermuda Dunes Country Club - with a POOL!! Custom home located on a spacious lot of 10,454 sq.ft within walking distance to the Clubhouse!! Impressive circular driveway leads to an open floor plan with living/dining combination and an all electric kitchen with custom backsplash. All floors are wood-like tile and there is a cozy fireplace in the living area for those cooler evenings. Both bathrooms have been tastefully remodeled. The primary bedroom has a huge walk-in closet and a bathroom with separate soaking tub and tiled shower - there is also a door to a private rear patio from the bath. The other two bedrooms share a bathroom. Rear yard with sparkling pool has plenty of potential and a large covered patio for entertaining. NOTE: Rentals allowed, but must be 30 days or more.....Low HOA of only $209 a month includes internet and cable TV with two boxes with Showtime & HBO with Spectrum, PLUS 24-hour guard gated community. I I D for lower electric, too!! Membership information for the country club is attached as a document.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 22, 2020 | In contract | - | |
| In contract | |||
| Oct 18, 2020 | Listed | $410,000 | |
| Listed | |||
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Bermuda Dunes Country Club Home - sought-after 3 bedroom, 2 full bathrooms, & pool! Ample parking is provided by a oversized wrap-around driveway. Property is nearly 1/4 acre in size! Upon entering, you are greeted by stylish Italian tiles floors. The masterfully updated kitchen boasts pool views. Bathrooms are upgraded with travertine tile counters and showers. Backyard landscaping provide resort-like atmosphere. Abundant storage throughout home is present, including the primary bedroom's walk-in closet. Community clubhouse recreation center located nearby. Centrally located within the Coachella Valley, this home is a short drive to world-class attractions such as the El Paseo Shopping District, Indian Wells Tennis Garden, The River at Rancho Mirage, and so much more. The manager has listed the unit size as 1652 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017