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484 E Sonora Road
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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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $899,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Welcome Home to Mountain Views and Timeless Charm! Nestled in the coveted Tahquitz River Estates neighborhood, this 1968 gem offers the perfect blend of vintage allure and modern comforts. Situated on a spacious lot of over 10,000 SF, prepare to be enchanted by breathtaking mountain vistas and endless possibilities. Step inside to discover a cozy haven boasting 4 bedrooms and 2 bathrooms, providing ample space for comfortable living and entertaining. The original maple hardwood kitchen cabinets exude warmth and character and new carpeting in the bedrooms. Outside, indulge in the expansive outdoor oasis featuring a massive covered patio, perfect for al fresco dining or lounging in the shade on lazy afternoons. With large side yards offering privacy and potential for expansion, envision the opportunity to create your dream retreat, including the possibility of an Auxiliary Dwelling Unit (ADU) or secondary garage. Enjoy the convenience of recent upgrades, including a new roof in 2018, A/C replaced in 2021, and a water heater replaced in 2019, ensuring comfort and peace of mind for years to come. Discover the true essence of Palm Springs living as you gaze upon stunning mountain views of the San Jacinto and Santa Rosa Mountains from your own backyard. Located just moments from Downtown Palm Springs, indulge in the vibrant dining, shopping, and entertainment scene, all while relishing the tranquility of your own private sanctuary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017