44216 Mesquite Drive
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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.
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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 |
|---|---|---|---|
| Feb 11, 2023 | No longer available | - | |
| No longer available | |||
| Jan 25, 2023 | In contract | - | |
| In contract | |||
| Jan 19, 2023 | Listed by Pacific Sotheby's Int'l Realty | $939,900 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Palm Springs style in Colony Cove, 'the best-kept secret in Indian Wells!' This beautiful pool home has been completely remodeled throughout and is being offered turnkey furnished. Upgrades include quartz kitchen and bath countertops, porcelain tile flooring, glass tile kitchen backsplashes, rift-cut oak cabinetry, custom window coverings, and stainless-steel Kitchen Aid appliances. The pool and spa are easily accessible from the primary bedroom and there are plenty of outdoor spaces for entertaining. Colony Cove is a centrally located, gated community with HOA fees currently only $100/month! The City of Indian Wells also offers some of the best resident benefits in the Coachella Valley. For more info, go to https://www.cityofindianwells.org/our-city/residents/resident-benefits. The manager has listed the unit size as 2029 square feet.
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| Mar 15, 2019 | Sold | ||
| Sold | |||
| Feb 4, 2019 | Listed by Windermere Homes & Estates | $535,000 | |
| Listed by Windermere Homes & Estates | |||
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About Indian Wells
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017