45416 Panorama Drive
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 |
|---|---|---|---|
| Dec 12, 2025 | Listed by Keller Williams Luxury Homes | $740,000 | |
| Listed by Keller Williams Luxury Homes | |||
| Feb 14, 2025 | Listed | $799,000 | |
| Listed | |||
| | |||
|
This R-3 Zoned, 4 Bedroom home is the ultimate short term rental oasis with a potential of up to $1,000 daily rental income! Step into this remodeled mid-century stunner by Oliver Parker (Designed and Builder) with all the comforts and upgrades of a modern masterpiece. The open floor plan boasts original wood beams, raised ceilings, custom window seats, breeze block TV feature wall, a clear Hemlock wood feature wall and an enclosed front patio off the living room with vibrant privacy screens. The dining area sits under a large skylight that fills the house with plenty of natural light. The chic black kitchen is complemented by Viking Appliances and a large butcher block peninsula that extends into a secondary living area with cathedral ceilings and a 10 foot sliding glass door that beckons you to the sparkling pebble-tech salt pool, spa and firepit, outdoor shower and mountain view. Marble floors and walls throughout the primary suite, walk-in closet and walk-in shower. The front exterior features a 2-car carport, paved walkway with Mexican beach pebbles, a circular driveway with chic low maintenance desert landscaping.
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| Aug 5, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by HomeSmart | $899,000 | |
| Listed by HomeSmart | |||
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This newly remodeled 4br house checks all boxes. R-3 zoned, Ultimate Short Term Rental Oasis with a potential of up $1,000 daily rental income! Mid-century, Walking distance to El PaseoNew Pebble-tech Salt Pool, Spa & Firepit.Step into this newly remodeled mid-century stunner by Oliver Parker (Designer & Builder) and allow yourself to be wowed by supreme redesign, with all the comforts and upgrades of a modern masterpiece. The open floor plan boasts original wood beams, raised ceilings, custom window seats, breeze block TV feature wall, a clear Hemlock wood feature wall and an enclosed front patio off the Living Room with vibrant privacy screens. The dining area sits under a large skylight that fills the house with plenty of natural light. The chic black kitchen is complemented by Viking Appliances and a large butcher block peninsula that extends into a secondary living area with cathedral ceilings and a 10 ft sliding glass door that beckons you to the immaculate brand new pool area. The Primary Suite has a gorgeous custom-built window seat with a large picture window overlooking the sparkling pool, spa, Firepit, outdoor shower and mountain views. Marble floors and walls throughout the primary suite, walk-in closet and walk-in shower. The front exterior features a 2-car carport, paved walkway with Mexican beach pebbles, a circular driveway with chic low maintenance desert landscaping.
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| Nov 19, 2021 | Sold | ||
| Sold | |||
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About Panorama Ranch
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,000 /mo
- 3 Beds
- 2 Baths
- 2,534 ft²
$7,000 /mo
- 2 Beds
- 2 Baths
- 1,512 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017