46421 Manitou Drive
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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 |
|---|---|---|---|
| Oct 29, 2021 | Sold | ||
| Sold | |||
| Sep 15, 2021 | Listed by Grand Luxury Properties | $1,999,999 | |
| Listed by Grand Luxury Properties | |||
| Nov 15, 2018 | No longer available | - | |
| No longer available | |||
| Nov 1, 2018 | Listed | $1,299,000 | |
| Listed | |||
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Spectacular mid-century contemporary home at Indian Wells CC, completely renovated. Overlooking the 5th hole of the world famous Classic golf course (home of the Bob Hope Desert Classic for many years) this home has extraordinary south mountain views. Home was recently remodeled with only the finest materials including mahogany cabinets and doors throughout, natural stacked ledgestone, stone and tile flooring, Frabrica carpets, owned solar system and a chefs kitchen that features all high end appliances. The kitchen and great room overlook the fabulous golf course and mountains which are lighted at night. Completing this wonderful home is an outdoor entertaining area with fireplace, BBQ, pool and spa with waterfall. This home is a must see! Please ask about the specifics on the remodel and mechanics of this home. The manager has listed the unit size as 2977 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017