48161 Birdie Way
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 |
|---|---|---|---|
| Oct 16, 2019 | Sold | ||
| Sold | |||
| Sep 12, 2019 | Listed by eXp Realty of California, Inc. | $315,000 | |
| Listed by eXp Realty of California, Inc. | |||
| Jun 26, 2017 | Sold | ||
| Sold | |||
| Jan 13, 2017 | Listed by Desert Sotheby's International Realty | $199,900 | |
| Listed by Desert Sotheby's International Realty | |||
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Bring an offer for opportunity to own a home in desirable South Palm Desert with no HOAs. Close to everything - from The Living Desert to El Paseo. This light and airy home has a living area with fireplace, room for dining and wall of sliders to patio bring in light. The kitchen features stainless appliances and laundry area with a sensible, stacked washer and dryer. The Master offers a private bath, mirrored closets and French doors leading to entrance courtyard. A small separate room, presently used for office, may be accessed from kitchen and has window to courtyard. A private back yard. Great views and a small shed for extra storage. A great value and opportunity with a little TLC to create a beautiful Desert Dwelling. Note that bedroom could be closed off main house for a studio and one bedroom living situation.
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About Palm Desert
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Currently no similar homes aroundNearby Rentals
$9,250 /mo
- 3 Beds
- 2 Baths
- 2,534 ft²
$7,000 /mo
- 2 Beds
- 2 Baths
- 1,512 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017