43501 Torphin Hill Place
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%.
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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, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by Riviera West Realtors, Inc. | $579,000 | |
| Listed by Riviera West Realtors, Inc. | |||
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Listed by Riviera West Realtors, Inc. | $379,000 | |
| Listed by Riviera West Realtors, Inc. | |||
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Private oversized yard with beautiful pool & spa that is ready for you to start enjoying the desert lifestyle. This 2 bedroom, 2 bath PLUS DEN home features an open floor plan with a great room design, granite kitchen counters, wall ovens, gas cooktop and large laundry room with loads of cabinetry. The master suite is on the opposite end of the home from the guest bedroom and has a nice soaking tub, separate shower, dual split vanities and dual closets. Heritage Palms is an adult community featuring an 18 hole championship golf course, indoor & outdoor pools, tennis & pickle ball courts, fitness center, clubhouse, grill room, billiards room, social clubs and more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017