48548 Meandering Cloud 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 |
|---|---|---|---|
| Jan 2, 2026 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Listed by BPO Homes | $1,700,000 | |
| Listed by BPO Homes | |||
| Mar 17, 2025 | Listed | $1,649,000 | |
| Listed | |||
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Welcome to your desert retreat in the short-term rental friendly gated community of Montage at Santa Rosa. This gorgeous 3,308 sq ft home features five bedrooms and three and a half bathrooms, providing the perfect blend of luxury and comfort for families and guests alike. Sold turnkey furnished, this property boasts an inviting open floor plan, ideal for entertaining friends and family. The spacious gourmet kitchen is a chef's dream, complete with stunning granite countertops, a large island for meal prep, and elegant travertine floors that enhance the aesthetic. Step outside to discover your own resort-style backyard, designed for both fun and relaxation. You'll find plenty of space for outdoor games, a sparkling pool and spa and a large, covered patio ideal for outdoor dining or lounging by the pool and watching your favorite show. The three-car garage offers ample storage space or the potential for an additional games room. This home is a must-see for anyone looking for a short-term rental investment or a personal desert getaway. Don't miss the opportunity to make this exquisite property yours!
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| Jun 24, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017