49 Payson Circle
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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 |
|---|---|---|---|
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by BBS Brokers Realty | $849,000 | |
| Listed by BBS Brokers Realty | |||
| Dec 18, 2014 | Sold | ||
| Sold | |||
| Jul 25, 2014 | Listed by Tarbell REALTORS | $474,900 | |
| Listed by Tarbell REALTORS | |||
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Rustic Sante Fe's this close-in are hard to find. It's excellent central location bordering La Quinta, Palm Desert and Indian Wells gives this small, quiet, gated community excellent walkability to tennis, shopping, restaurants, great schools and more! The award winning design is evident when you enter through a heavy, rustic wood door into the living room with marble fireplace and majestic high ceilings. High double doors open impressively to a very private back yard and recently re-plastered heated pool/spa. No two floor plans are quite the same here. This one features a bay window breakfast nook, large slab granite kitchen island, and faux distressed cabinetry consistent with its rustic design. The private entry attached casita has a full bath and walk in closet. Diagonal tile throughout with carpeting in all but one bedroom. Garage parks 3 cars. Whole house sound. Upgraded A/C plus a whole house evaporative cooler. This home is unique as you are! Don't let it get away!
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About Palm Desert
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$7,000 /mo
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$6,825 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017