533 Desert West Drive
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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 |
|---|---|---|---|
| Aug 1, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by Bennion Deville Homes | $1,195,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Spectacular Lakefront Location with Views of the Lake, South Mountains and Dinah Shore Tournament Course and Renovated with Contemporary Style. Enter through a gated courtyard to double entry doors. Entry Hall opens to Great Room with beamed ceilings, stone clad fireplace, dining area and wall of glass with sliders to Terrace. Family Room with windows on 3 sides looking out at amazing views of Lake, Golf Course and Mountains. Light and Bright Gourmet Kitchen with large island, stainless appliances, quartz countertops and dining area with south facing lake and mountain views. Master Suite has amazing lakefront views, retreat area and updated bath with double vanity, large spa tub and shower and walk-in closet. 2 guest bedrooms with stylish updated guest baths provide room for family and friends. Custom finished office could be fourth bedroom. Interiors renovated with light, bright and of the moment materials. Outdoor living room overlooks the Lake, Mountains and famed #6 of the Dinah Shore Tournament Course. Community pool and spa nearby. Furniture negotiable so could be ready for you to enjoy - Come home to your desert retreat!
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| Jul 29, 2020 | Sold | ||
| Sold | |||
| May 2, 2020 | No longer available | - | |
| No longer available | |||
| May 1, 2020 | Listed by Bennion Deville Homes | $529,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Spectacular Lakefront Location with Views of the Lake, South Mountains and Dinah Shore Tournament Course and Renovated with Contemporary Style. Enter through a courtyard to double entry doors. Entry Hall opens to Great Room with beamed ceilings, fireplace, dining area and wall of glass with sliders to Terrace. Family Room with windows on 3 sides looking out at amazing views of Lake, Golf Course and Mountains. Light and Bright Gourmet Kitchen with large island, stainless appliances, quartz countertops and dining area. Master Suite has amazing lakefront views, retreat area and updated bath with double vanity, large spa tub and shower. 2 guest bedrooms with stylish updated guest baths provide room for family and friends. Custom finished office could be fourth bedroom. Interiors renovated with light, bright and of the moment materials. Covered outdoor living room overlooks the Lake, Mountains and the famed #6 of the Dinah Shore Tournament Course. Community pool and spa nearby. Come home to your desert retreat!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017