48640 Gibraltar Street
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 6, 2020 | Sold | ||
| Sold | |||
| Jun 30, 2020 | Listed by HomeSmart | $469,000 | |
| Listed by HomeSmart | |||
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Wonderful home in Rincon community with 4 bedrooms, 3 bathrooms, and 3-car garage, with no HOA! This home features vaulted ceilings, a spacious living room, and a dramatic staircase which leads to 3 bedrooms upstairs including a great main suite with adjoining retreat, walk-in closet, bathtub, and separate shower. There is also one-bedroom downstairs, for the perfect office or guest retreat! Light and bright kitchen with island, plenty of cabinetry, and breakfast area overlooking an elegant Great room with fireplace. French patio doors lead you the impressive entertainer's yard with private pool, spa, covered patio area lined with fruit trees along the side yard. Perfectly located in the quiet center of Rincon and close to the community park, Coachella Music Festivals, Casinos, Indian Wells Tennis Garden, and a short drive to plenty of shopping and dining on Highway 111.
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| Jul 7, 2016 | Sold | ||
| Sold | |||
| Dec 27, 2015 | Listed by HOM Sotheby's International | $379,000 | |
| Listed by HOM Sotheby's International | |||
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This immaculate 2,591 square foot home with 4 bedrooms, 3 bathrooms, and 3 car garage was completely remodeled by the present owner with over $40,000 in upgrades including in January 2016 the pool / spa. Master suite has an adjoining retreat, walk-in closet, and both a bathtub and separate shower. Vaulted and high ceilings throughout this home. Located in the quiet center of the Rincon Subdivision, the home close to the community park as well as a short drive to shopping centers on Highway 111. No HOA Fees or Mello Roos!
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About Indio
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Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219045312DA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017