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45450 Panorama Drive
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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 |
|---|---|---|---|
| Jan 20, 2022 | No longer available | - | |
| No longer available | |||
| Dec 19, 2021 | In contract | - | |
| In contract | |||
| Dec 17, 2021 | Listed by Desert Sands Realty | $589,000 | |
| Listed by Desert Sands Realty | |||
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South Palm Desert Midcentury Bungalow!! Completely remodeled with all new plumbing, HVAC & windows! This 3 bedroom 2 bath is an easy walk to El Paseo, restaurants & shopping giving you access to everything the area has to offer. Upon entering the home you will find an open light and bright concept. The floor to ceiling windows in the living area overlooks the back yard which is a blank slate & ready for your design. Paid Solar for low cost living & Boat/RV Parking. This property will not last so make an appointment today! The manager has listed the unit size as 1438 square feet.
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| Jan 28, 2020 | Sold | ||
| Sold | |||
| Oct 28, 2019 | Listed by Weichert Realtors-Preferred | $261,280 | |
| Listed by Weichert Realtors-Preferred | |||
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Price Reduced 3 bedroom 2 bath HUD-owned Mid-Century home located in popular South Palm Desert - walking distance to El Paseo, the heart of the city - where you will find world class dining,shopping and art galleries. Large backyard with basketball hoop and plenty of room to play and entertain. So much opportunity to make this your midcentury knockout. Sliding glass door from bedrooms and living room to access the backyard. Water saving desert landscape. If you want character, you don't want to miss this home
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About Palm Desert Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017