46 Indian Wells Road
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 |
|---|---|---|---|
| Nov 23, 2022 | In contract | - | |
| In contract | |||
| Sep 23, 2022 | Relisted | $800,000 | |
| Relisted | |||
| Aug 8, 2022 | In contract | - | |
| In contract | |||
| Mar 25, 2022 | Listed by NextHome GoodLife | $800,000 | |
| Listed by NextHome GoodLife | |||
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Classic elegance and contemporary comfort combine in this grand Indian Wells masterpiece. Anyone craving room to move and play will adore the 11-room layout that stretches over 3 levels with 4 beds, 4.5 baths and a selection of light-filled living spaces. A rocking chair front porch welcomes you to step inside where you will find wood floors, wainscoting, stately columns and crown molding. There is a dining room and a living room along with a two-story family room with skylights and a fireplace. The kitchen will delight with quality appliances, an island and direct access to the expansive entertainer's deck. An office, with a window seat and built-ins, completes this level while the walk-out basement has a large playroom with a fireplace, a wet bar, a Murphy bed and a bathroom. All the beds are housed upstairs including the primary bedroom with a WIC and a luxe primary bath. Extra features include attached baths to all the bedrooms, a 2-car garage and a large picturesque lot.
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| Mar 13, 2022 | Listed by NextHome GoodLife | $800,000 | |
| Listed by NextHome GoodLife | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017