48614 Hepburn Drive
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 |
|---|---|---|---|
| Dec 6, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | Listed by HomeSmart | $404,900 | |
| Listed by HomeSmart | |||
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MOTIVATED Seller. Beautiful Custom 3 B/R, 2 1/2 bath home located on a golf course. Pride of ownership begins at the curb with beautiful landscaping. Entry opens to the Great room featuring vaulted ceiling, 18'' floor tile on the diagonal & fireplace. A gourmet kitchen with custom cabinets granite counter tops with a db. bull-nose finish & travertine backsplash. High end stainless steel G.E. Cafe appliances & wine cooler. Kitchen opens up to dinning and great room which offer offer scenic views of the golf course & Chocolate Mountains. Front bedroom is being used as and office/den with a large closet. Master suite bathroom has been designed with double sinks, granite counters & custom cabinets. A fabulous walk in shower & a luxurious soaking tub. Guest room shares a Jack & Jill bathroom with the hallway. Large backyard offers views of the mountains, golf course with plenty of room for a pool. Indian Palms offers 3 golf courses, tennis, bocce ball, pickle ball, tennis, clubhouse house, hotel & fitness ctr. Near the Coachella & Stagecoach music festivals. LOW HOA Fees.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017