43540 Texas Avenue
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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 |
|---|---|---|---|
| Jun 28, 2019 | Sold | ||
| Sold | |||
| May 21, 2019 | No longer available | - | |
| No longer available | |||
| May 17, 2019 | Listed by Bennion Deville Homes | $329,000 | |
| Listed by Bennion Deville Homes | |||
| Apr 24, 2019 | Price Decreased |
$329,000
↓ $6K
(1.8%) | |
| Price Decreased | |||
| Mar 24, 2019 | Listed | $334,900 | |
| Listed | |||
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Beautiful Palm Desert Country Club 3 bed, 2 bath home on quiet dead end street. Completely renovated! Brand new laminate wood flooring and fresh carpet for every square foot. Kitchen features recessed lighting, brand new backslash, new countertops, and white cabinets. Whitewashed brick fireplace and a large picture window with gorgeous West facing mountain views highlight the spacious living room in this open style layout. Main bathroom is tiled with a new vanity. Very large master with newly tiled bathroom, enormous tile shower, brand new vanity, and a separate vanity area. Large carpeted bedroom, and a third bedroom/office/den. Very big two car garage with shop bench, laundry, and shelves on every wall. Newly landscaped backyard with several areas to enjoy outdoor living in the beautiful desert weather. PDCC HOA fee is less than $30/ month, paid once annually includes two pools, hot tub, and park with sand volleyball, dog park, and children's playground.. The manager has listed the unit size as 1424 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017