48714 Cascade 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%.
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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.
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 |
|---|---|---|---|
| Aug 12, 2020 | Sold | ||
| Sold | |||
| Aug 10, 2020 | Listed by Compass | $785,000 | |
| Listed by Compass | |||
| Jan 3, 2019 | No longer available | - | |
| No longer available | |||
| Aug 28, 2018 | Listed | $709,900 | |
| Listed | |||
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This gorgeous recently remodeled home comes fully furnished with high quality, contemporary furnishings, brand new lighting fixtures and ceiling fans, and a fantastic gourmet kitchen. Used as a short-term rental property for the last several years, this property is located near the Coachella Music Festival in the Montage at Santa Rosa development, one of the few communities that expressly authorizes short term rentals. The home boasts an extensive wall of windows that opens up the family room to the spacious outside patio - showcasing a large Pebble Tec pool with two tanning shelves, built-in barbecue grill with eating bar for al-fresco dining. Offered furnished per inventory. The manager has listed the unit size as 2888 square feet.
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About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,500 /mo
- 4 Beds
- 4 Baths
- 2,764 ft²
$6,750 /mo
- 3 Beds
- 1 Bath
- 1,898 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017