551 Vista Azul
About This Property
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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.
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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 |
|---|---|---|---|
| Jul 5, 2022 | No longer available | - | |
| No longer available | |||
| Jun 17, 2022 | In contract | - | |
| In contract | |||
| Jun 8, 2022 | No longer available | - | |
| No longer available | |||
| Jun 3, 2022 | Price Decreased |
$699,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| May 11, 2022 | Listed by Bennion Deville Homes | $729,000 | |
| Listed by Bennion Deville Homes | |||
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This immaculate 4 bedroom, 3 bathroom home is located in the beautiful gated Paseo Vista Community in highly desired North Palm Desert. As you enter the home you are greeted with plenty of natural light, and a beautiful open living area complete with gourmet kitchen and family room. The kitchen comes with complete stainless steel appliances, gas stove and walk in pantry. Right off the kitchen enjoy the laundry room with full size washer and dryer. Step outside through the custom designed glass doors to your low maintenance backyard complete with sailor shades, astroturf, gas pit, custom lighting and a beautiful seating and entertainment area, all perfect for entertaining or just family fun. The master retreat offers plenty of room with a standalone tub, large walk in close and a beautiful view over the mountains. Paseo Vista Community offers a community pool and spa and is centrally located in the heart of Palm Desert close to the mall, Trader Joe's, Whole Foods, El Paseo and Starbucks.. Step right outside the complex and enter the new CV Link which allows easy and safe access for biking, walking and driving a golf cart throughout the Coachella Valley.HOA is only $136/month. Furnishings are available outside of escrow per the inventory list. The manager has listed the unit size as 2531 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