43765 Elkhorn Trail
About This Property
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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 |
|---|---|---|---|
| Jul 8, 2020 | Sold | ||
| Sold | |||
| May 26, 2020 | Listed by HomeSmart | $300,000 | |
| Listed by HomeSmart | |||
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Spacious three bedroom, two bathroom solar home in the Palm Desert Country Club community. Located near the Indian Wells tennis gardens and Gerald Ford elementary, this home features cathedral ceilings with fans, tile flooring throughout, and a solar panel system. The large kitchen has lots of cabinets, a breakfast bar, and stainless steel appliances. The master suite has a separate entrance to the backyard living space, with a covered patio and lots of shade from the surrounding trees. Two car garage.
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| Oct 31, 2013 | Sold | ||
| Sold | |||
| Sep 7, 2013 | Listed by Ron Crisp, Broker | $217,000 | |
| Listed by Ron Crisp, Broker | |||
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Great family home, close to schools, tennis garden, short walk to club house. Built in 1987, large kitchen with lots of cabinets, fire place, ceiling fans, dual pane windows, tile roof, two car attached garage, private back yard with covered patio, underground utilities.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017