45380 Mesa
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 19, 2020 | Sold | ||
| Sold | |||
| Jul 22, 2020 | In contract | - | |
| In contract | |||
| Jun 30, 2020 | Listed | $789,000 | |
| Listed | |||
| | |||
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Located in the sought after gated community of Cove at Indian Wells. This beautiful home has mountain views, private pool, spa, light and bright open flowing floor plan offering indoor/outdoor living at its finest. Chef's kitchen with granite counters, butcher block center island and sit down bar opens to the breakfast nook, family room and sunny outdoor covered patios. Formal dining and living rooms with wet bar and separate office/4th bedroom option. This home features soaring ceilings, recessed lighting, custom shutters and electric exterior blinds. Spacious master suite with dual vanities, soaking tub and walk-in closet leads directly out to the private pebble lined pool and spa, perfect for an evening dip. As a property owner in Indian Wells, enjoy greens fees of only $35-$50 per round (depending on season) at the Indian Wells Golf Resort, complimentary use of the Hyatt Fitness Center and pool along with 20% off surrounding resort restaurants, spas and retail shops. The manager has listed the unit size as 3529 square feet.
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| Jun 15, 2020 | Listed by Desert Sotheby's International Realty | $789,000 | |
| Listed by Desert Sotheby's International Realty | |||
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About Indian Wells
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017