47470 Lagoon Court
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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 |
|---|---|---|---|
| Sep 4, 2018 | No longer available | - | |
| No longer available | |||
| Aug 30, 2018 | Sold | ||
| Sold | |||
| Jun 7, 2018 | Listed | $305,000 | |
| Listed | |||
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Welcome home to this great home development of MONTEGO DUNES in Indio. NO HOA DUES. This home IS very clean, It has a spacious 3 Car Garage,3 BDRM and a den (den is easily enclosed\modified for a closet) . This home also boasts a phoenominal kitchen with plenty of counter, cooking and cabinet space for your entertaining delight, with a well manicured very mature, updated yard to enjoy with outside covered loggia for those hot days. Come buy and take a look you won't be disappointed. Could be a great investor opportunity. The manager has listed the unit size as 1837 square feet.
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| May 18, 2018 | Listed by Desert Valley Realty Solutions | $305,000 | |
| Listed by Desert Valley Realty Solutions | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017