519 Jade Lane
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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.
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 |
|---|---|---|---|
| Apr 14, 2024 | No longer available | - | |
| No longer available | |||
| Mar 12, 2024 | Listed by Compass | $190,000 | |
| Listed by Compass | |||
| | |||
|
PARKVIEW MOBILE ESTATES IS AWESOME! Great location. Million-dollar mountain views. Friendly neighbors. A truly serene and peaceful enclave. A 2 bedroom, 1 1/2 bath home with a SPECTACULAR private backyard is available now. This cozy, light and bright unit with its open concept makes you feel right at home the minute you walk in the door. The large primary bedroom includes tons of closet space with sliding glass doors that lead to a beautiful backyard, perfect for outdoor entertaining. There is also a detached laundry room. What's more, the home is situated just a hop, skip, and a jump from the club house, saltwater pool, and spa. It's also a short walk to one of the best hiking trails in Palm Springs, and an equally short walk to downtown Palm Springs. Recent upgrades include, laminate flooring, washer, dryer, w/h, fridge,garbage disposal and 3 window a/c units, The historic Parkview Mobile Estates is a 55 Plus community. No long- or short-term rentals. Park management approval required. You won't be disappointed with these two hidden jewels; Parkview and 519 Jade Lane.
Monthly space rent is $732. 00 includes trash & water. Lease expires in 2027. The manager has listed the unit size as 1000 square feet.
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| Jul 20, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Compass | $149,000 | |
| Listed by Compass | |||
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About Palm Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017