44725 San Clemente Circle
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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 |
|---|---|---|---|
| Oct 2, 2020 | Sold | ||
| Sold | |||
| Jun 23, 2020 | Listed by Desert Elite Properties, Inc. | $365,000 | |
| Listed by Desert Elite Properties, Inc. | |||
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Nice pool/spa home in great location in Palm Desert, just one block north or Hwy 111. Close to shopping, restaurants and all services Palm Desert has to offer. This home is just shy of 2000 sqft with 3 bedrooms and two baths plus two car garage. Large living room with fireplace and slider to the rear pool yard. Home is in need of cosmetics, but well worth it. This home is perfect for the first time home buyer or someone looking for a great escape or second home, vacation rental or investment.
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About Palma Village Groves
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$8,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017