44481 Silver Canyon Lane
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 |
|---|---|---|---|
| Nov 23, 2020 | Sold | ||
| Sold | |||
| Sep 25, 2020 | Listed by Desert Sands Realty | $535,000 | |
| Listed by Desert Sands Realty | |||
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GORGEOUS Palm Desert Home located in the highly desirable neighborhood of The Grove! Situated in the most private cul-de-sac of the community, this light and bright home is HIGHLY upgraded and features 3 bedrooms, 2 bathrooms, a large and open great room, a spacious kitchen with granite counter tops, upgraded stainless steel appliances with a double dishwasher, convection microwave and oven, upgraded light fixtures, and the list goes on! Each bathroom has been updated and adorned with modern and beautiful fixtures, upgraded master closet shelving and drawers, a soaking tub in the master en-suite, shower glass enclosures, and a beautiful dual fireplace! Enjoy your evenings soaking in the tub while you relax and the feel the warmth & amazing ambiance! Rear yard sits perfectly in the private cul-de -sac and is OVERSIZED with plenty of room to build your custom pool and a casita or pool house! Another amazing feature: this home has SOLAR that is paid for! Huge savings for you and your electric bills! This home has been highly cared for and would be wonderful for the part time owner or family looking for privacy, space, and centrally located in Palm Desert... without the HOA expense! That's right, NO HOA's! Beautiful, bright, open and highly cared for, this home is a must see.. you will not be disappointed! It is truly a gem! (Some furnishings may be negotiable!)
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017