44342 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 |
|---|---|---|---|
| Oct 3, 2022 | Sold | ||
| Sold | |||
| Aug 23, 2022 | Listed by Desert Sotheby's International Realty | $975,000 | |
| Listed by Desert Sotheby's International Realty | |||
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Sep 1, 2020 | Listed by Desert Sotheby's International Realty | $639,900 | |
| Listed by Desert Sotheby's International Realty | |||
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Gorgeous contemporary home in the gated community of Colony Cove, ''the best kept secret in Indian Wells!'' The house has 10 foot ceilings throughout and boasts four bedrooms and three full bathrooms, including the attached casita with its own entrance. The large great room consists of a living area, a formal dining space, and a kitchen featuring brand new stainless steel appliances, lots of counter space, a center island with room for bar stools, and a large breakfast area. The master bedroom is separated from the three guest bedrooms for maximum privacy and includes a large bathroom with a spa-like tub, a shower, and a walk-in closet, as well as direct access to the saltwater pool and spa in the very private backyard. The home also features a three car garage. Property ownership in Indian Wells includes fantastic resident benefits such as huge discounts on golf, 20% off on dining at the local resorts, and free tickets to the annual BNP Paribas tennis tournament. HOA dues are only $100 per month.
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About Indian Wells
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017