44811 San Clemente Circle
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%.
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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 |
|---|---|---|---|
| Jan 14, 2023 | No longer available | - | |
| No longer available | |||
| Dec 20, 2022 | Listed by HomeSmart Professionals | $595,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
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The Ultimate Property, Great Money-making Rental and/or Primary Residence hits the market at last. Perfect Christmas and/or New Year's Gift for yourself or a loved-one to bag. The property comes with already paid-for Airbnb bookings from January - March. Seller can provide verified past rental income history. Centrally located in a quiet pocket of Palm Desert, walking distance to the shops and dining of El Paseo, Palm Desert Mall and Movie Theatre, Civic Center Park, etc.Fully remodeled, the house is a 3 bedroom, 2 full baths with a Kitchen complete with quartz countertops and stainless steel appliances and ample storage. There is a dedicated laundry closet with a washer and dryer side by side just off the kitchen. The Primary Suite, located at the back of the house comes with a walk-in closet, en-suite bathroom with a walk-in shower and Glass French doors that open up to the 'Piece de Resistance': The Desert Chic Backyard with its Heated Saltwater Pool and Spa and a covered patio. The huge backyard has everything new owners / renters need to live the much sought-after Desert Life. The Blood Orange and Citrus trees produce delicious oranges needed for those cocktails on lazy afternoons while enjoying the sunset over mountain views and lounging by the pool. The manager has listed the unit size as 1105 square feet.
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| Feb 3, 2020 | Sold | ||
| Sold | |||
| Nov 25, 2019 | Listed by Bennion Deville Homes | $344,900 | |
| Listed by Bennion Deville Homes | |||
| Dec 15, 2015 | Sold | ||
| Sold | |||
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About Palma Village Groves
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017