43621 Via Magellan Drive
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%.
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| May 23, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed | $374,800 | |
| Listed | |||
| | |||
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Gorgeous & Peaceful! This Desert Dream Home offers a beautiful & extremely private west facing backyard, lushly landscaped, large patio for entertaining, salt water pebble tec pool & spa along w/ breathtaking mountain views. Other features include 3 bedrooms, 2 baths, 1895 sq ft of living space, 6098 sq ft lot, located inside a gated community, walking distance to the Indian Wells Tennis Garden, solar, Pella windows, shutters throughout, 18x18 ceramic tile floors, newer & top of the line pool equipment, A/C & heater, outside remote window shades on west side of the home, inside laundry room, remote ceiling fans inside & out plus large garage w/ tons of storage space. Kitchen includes upgraded stainless steel appliances, granite counters, solar tube and a bright & cheerful nook where you can enjoy your morning coffee. You will love this home, please schedule an appointment to view with me today! The manager has listed the unit size as 1895 square feet.
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| Mar 18, 2018 | Listed by Coastal Edge Realty | $374,800 | |
| Listed by Coastal Edge Realty | |||
| Nov 30, 2015 | Sold | ||
| Sold | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017