48622 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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Price Decreased |
$2,049,000
↓ $46K
(2.2%) | |
| Price Decreased | |||
| May 16, 2025 | Listed by BPO Homes | $2,095,000 | |
| Listed by BPO Homes | |||
| Apr 15, 2025 | Listed | $2,200,000 | |
| Listed | |||
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TURNKEY LUXURY INVESTMENT OPPORTUNITY IN MONTAGE SANTA ROSA!Prime Location | Short-Term Rental Friendly | Steps from Coachella & Polo GroundsWelcome to your next cash-flowing asset in the heart of the desert's most desirable short-term rental community -- Montage Santa Rosa. This completely reimagined masterpiece is not just a home, it's an experience designed for both guests and savvy investors alike.Five bedrooms plus a flex room that can be used as a sixth sleeping area, four full bathrooms!Property Highlights: Fully Renovated: New floors, ceilings, walls, lighting, bathrooms, custom bathroom counters, countertops, and a show-stopping modern kitchen Rare Regulated Pickleball Court - Built for fun, designed to stand out in your rental listing Massive backyard with plenty of room to add your own designer touches or luxury amenities 3-Car Garage + Ample Parking - Ideal for group rentals Be the first to capitalize on this fresh, sophisticated home Comparable homes in Montage have sold for up to $2.3M Short-term rental approved with high upside potentialLocated just minutes from the Coachella & Stagecoach Festivals, Empire Polo Grounds, Desert International Horse Park, world-class golf, and tennis tournaments, this property puts your guests at the center of everything.This is your chance to own a high-performing short-term rental in one of the hottest markets in Southern California. Whether you're looking to build passive income or expand your portfolio with a standout property in a high-demand location, this one checks all the boxes.Call today to get performance stats and projections--this home won't last!Make money in Montage Santa Rosa!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017