49149 Hibiscus Drive
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 |
|---|---|---|---|
| May 9, 2023 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed by Redfin Corporation | $299,900 | |
| Listed by Redfin Corporation | |||
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ADORABLE 2 story barn-style home with a CIRCULAR DRIVEWAY in the heart of Morongo Valley. PAVED ROAD. Living room has high wood beam ceiling, LVP floors & is light & bright! Thoughtfully UPDATED kitchen features granite counter tops, stainless steel appliances, tile backsplash, copper sink, and more. Modern, updated bathroom with tile walls & pebble shower floor. Upstairs are two bedrooms and a large DECK off the primary bedroom with VIEWS of the mountains & valley! Don't miss the hot tub in the backyard allowing you to massage your muscles underneath the moon & stars! The pass through driveway in the back allows you to easily pull in a large trailer. Need a place to house your horse?!? There is even a horse stall setup in the backyard. Back on Market due to NO FAULT of the seller! Buyer simply changed their mind. Come see it today!
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| Nov 29, 2018 | Sold | ||
| Sold | |||
| Oct 6, 2018 | Listed by Cherie Miller & Assoc. | $156,500 | |
| Listed by Cherie Miller & Assoc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017