49145 Quercus Lane
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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 |
|---|---|---|---|
| Dec 5, 2018 | Sold | ||
| Sold | |||
| Sep 4, 2018 | No longer available | - | |
| No longer available | |||
| Aug 30, 2018 | Listed by eXp Realty of California, Inc. | $525,000 | |
| Listed by eXp Realty of California, Inc. | |||
| May 29, 2018 | Listed | $525,000 | |
| Listed | |||
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Location-Ironwood Country Club! Location-Corner Lot! Location-Steps to pool! If you're looking for an excellent buy in premier location in Ironwood CC, you have to see this well maintained, turnkey furnished home. Generous wrap around patio is nicely appointed, beautifully landscaped with fruit trees and flowers and provides the perfect spot to enjoy what feels like your own pool. Inside, you'll find a well stocked kitchen with dining table area and sliding doors to patio. Adjacent formal dining space with built in buffet has another set of sliding doors to patio and opens to living room with fireplace. All three bedrooms have ensuite baths. Master suite has separate tub/shower, dual vanities and generous closet. Bedroom suite 2 has built in desk and cabinet/closet. Bedroom suite 3 has bath with shower over tub configuration. HOA fee includes front yard landscaping, cable, trash removal, 24 hour guard gated security. Be sure to get club tour and learn about the Ironwood CC lifestyle! The manager has listed the unit size as 2037 square feet.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017