527 Arrowhead 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 |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Jan 28, 2021 | Listed by Bennion Deville Homes | $899,000 | |
| Listed by Bennion Deville Homes | |||
| Sep 2, 2020 | No longer available | - | |
| No longer available | |||
| Mar 17, 2020 | Listed | $899,000 | |
| Listed | |||
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The possibilities are endless with this popular Ocotillo 2 situated on a unique large lot with breathtaking western views. Looking directly down the 3rd hole of the Grove course, you will fall in love with the unobstructed mountain views. Open floor plan that includes kitchen, living room, den and dining room...all encompassing the scenery of the outdoors. Master bedroom is generous and includes walk-in closet and slider, bathroom has dual sinks and separate shower and tub. Two additional guest bedrooms, each with their own bathrooms. Plenty of room on this lot for a casita and a pool. Furnishings negotiable. Golf Membership available. The manager has listed the unit size as 3255 square feet.
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| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
Property Highlights
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Price/ft²
Listed On
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017