47543 Black Mountain Street
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 |
|---|---|---|---|
| Dec 30, 2022 | No longer available | - | |
| No longer available | |||
| Sep 14, 2022 | Price Decreased |
$488,500
↓ $11K
(2.3%) | |
| Price Decreased | |||
| Sep 3, 2022 | Listed by Berkshire Hathaway HomeServices California Properties | $499,990 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
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A perfectly located home at the City of Festivals in Indio, CA. Home has 3 bedrooms (2 masters), and 2 full baths. Third bedroom can be come your home office, studio or your own craft room. Home is walking distance to world famous music festivals, Coachella and Stagecoach. Home has an attached car garage and RV space as well. It is near churches, schools, JFK Hospital w/trauma center, Riverside County Fairgrounds, golf and easy freeway access. The manager has listed the unit size as 1252 square feet.
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| Aug 23, 2016 | Sold | ||
| Sold | |||
| May 24, 2016 | Listed by Coldwell Banker Realty | $241,500 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017