44320 Elkhorn Trail
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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 9, 2019 | No longer available | - | |
| No longer available | |||
| Oct 13, 2018 | Price Decreased |
$369,000
↓ $30K
(7.5%) | |
| Price Decreased | |||
| Jul 12, 2018 | Listed | $399,000 | |
| Listed | |||
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HUGE PRICE REDUCTION!!One of the least expensive Single Family Homes in Indian Wells,or as you may know it,the Beverly Hills of the Desert.This HOA ALLOWS SHORT TERM RENTALS HAVING OPTED OUT OF THE INDIAN WELLS BAN!Most of the other HOAs in the area do not allow short term rentals.The 3 bedroom 2 bathroom home has been very nicely remodeled.The Kitchen,having been beautifully updated,has newer high end appliances & both bathrooms have been significantly upgraded.The home has retained its "Mid Century" appearance while being modernized,thereby having the best of all worlds.Well situated on an approxly 4 acre green belt which sports a large community pool.Great mountain vus.A short walk to the world famous Tennis Gardens.Perfectly located for shopping,dining & access to 111 & the 10. Over sized 2 car garage with grt storage space.Indian Wells Residents benefits include;golf at the IW Golf resort for $35,FREE gym use at the Hyatt,20% off at the IW Restaurant,& many resident functions. The manager has listed the unit size as 1371 square feet.
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| Dec 2, 2015 | Sold | ||
| Sold | |||
| Oct 29, 2015 | Listed by J R Associates, REALTORS | $339,000 | |
| Listed by J R Associates, REALTORS | |||
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Lowest price single family home in Indian Wells, the seller upgraded in keeping with the Mid Century look. This is 3 Bedroom but being used as 2 Bedroom and Den. The entire east side is glass overlooking the 4 + acre green belt. Kitchen and master bath have been upgraded with Tile,Granite and Stainless Steel appliances. The original carport has been converted to an Oversized 2 car garage with automatic overhead door. In addition to a complete painting inside and out. all North and East facing windows have been replaced with energy efficient, Low E, double glazed windows. New 4 ton A/C was installed June 2015. AS AN OWNER IN INDIAN WELLS YOU PLAY GOLF FOR $35.00. BEST IN THE VALLEY ON TWO GREAT COURSES. Discounts in the Clubhouse and dining rooms.
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About Indian Wells Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017