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46340 Monte Sereno Drive
About This Property
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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 |
|---|---|---|---|
| Feb 22, 2019 | Sold | ||
| Sold | |||
| Sep 8, 2018 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Listed by Desert Sotheby's International Realty | $1,019,900 | |
| Listed by Desert Sotheby's International Realty | |||
| May 16, 2018 | Listed | $1,019,900 | |
| Listed | |||
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Custom, quality-built Mediterranean villa located behind the gates of prestigious Monte Sereno Estates, in the heart of Indian Wells. From the moment you walk through the gated courtyard entry, you are welcomed by the serene sound of a zen fountain. Enter through custom double doors and you will be transported to Europe in this highly upgraded and charming home. Popular great room floor plan. 4 BD, including a 1 BD, 1 BA Casita and 4.5 BA. All bedrooms are en-suite with walk-in closets and attached bathrooms. Master bath has been recently updated. Versailles pattern French lime stone flooring & central sound system. A gourmet chef's kitchen w/slab granite counters, custom cabinetry & Wolf and Thermadore stainless appliances. French doors lead to an entertainer's backyard. South facing for perfect sun exposure w/a covered loggia and seating. Newly plastered sparkling pool and spa w/dramatic waterfall and outdoor fireplace. separate built in BBQ. All of this and a 3 car garage. The manager has listed the unit size as 3432 square feet.
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About Indian Wells
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017