47718 Phoenix Street
About This Property
Welcome to this beautifully refreshed 3-bedroom, 2-bath single-story home offering a flexible layout perfect for everyday living. Freshly painted interior and exterior with new flooring in select areas.
Enjoy the best of outdoor living in the saltwater pool, paired with a large gated backyard featuring a spacious grass area. The desert-landscaped front yard offers curb appeal with low maintenance in mind.
Located just 3 miles from the Empire Polo Club, home of the world-famous Coachella and Stagecoach music festivals, this home offers incredible lifestyle appeal-with potential as a vacation rental!
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Cap Rate Calculator
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 24, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 19, 2025 | Relisted | $549,000 | |
| Relisted | |||
| Jul 11, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Price Decreased |
$549,000
↓ $900
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017