48611 Sojourn Street
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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 |
|---|---|---|---|
| Oct 8, 2026 | Sold | ||
| Sold | |||
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by Vacaystay Real Estate | $1,930,000 | |
| Listed by Vacaystay Real Estate | |||
| Jul 15, 2025 | Listed | $1,930,000 | |
| Listed | |||
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**Finally the BIG model Montage is on the market** Discover this coveted Montage home, ideally situated just a short stroll from the Polo Grounds--host of the Coachella and Stagecoach festivals. This premier neighborhood has consistently excelled as a top-performing Airbnb destination for seven consecutive years for many reasons. Enjoy proximity to renowned golf courses, the Indian Wells Tennis Garden, and the stunning Joshua Tree National Park.This professionally decorated residence features a separate casita with its own entrance and full bath, making it a perfect little guest house. The chef's kitchen boasts high-end stainless steel appliances, a built in ice maker, a huge wine fridge, and an espresso machine, complemented by upgraded cabinets, wood shutters, and elegant crown molding throughout. The expansive backyard offers a huge 6.5 ft deep pool, spa, firepit, putting green and a professional ping pong table, framed by 25-foot tall ficus trees in back & on both sides for enhanced privacy. With the potential to upgrade to a 7-bedroom, 6-bathroom home--plans and bids are available--this property is a prime opportunity. Don't miss your chance to own this remarkable Montage home!With it's high end amenities & huge square footage, it's in a class of it's own compared to other Montages.
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| Sep 13, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017