55335 Royal Saint George
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 |
|---|---|---|---|
| Nov 1, 2022 | No longer available | - | |
| No longer available | |||
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2022 | In contract | - | |
| In contract | |||
| Sep 13, 2022 | Listed by Compass | $2,799,000 | |
| Listed by Compass | |||
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This luxurious resort property has extraordinary panoramic mountain views and is perfectly situated on the 9th fairway of the Greg Norman Course. This ideal PGA West property is built by Marvin Homes and has been given an updated style and look providing sophistication for an optimal Desert resort home. You enter the home through the artisan glass and wrought iron gates into a private courtyard with wood burning fireplace, offering one of many outdoor areas. The spacious 4375 sq ft home has 4 bedrooms & 4.5 baths, an open layout including a chef's granite island kitchen with double dishwashers/ovens, an ice machine in addition to a large wine refrigerator. The open style family room has an electric fireplace and large windows to enjoy the mountain view. Off the kitchen is a separate dining room with a wet bar. The luxurious primary suite opens to a private patio, his and her cedar lined closets with a luxurious primary bath. The home opens to a loggia with remote control awnings, surround sound Sonos audio, Crestron Home automation system integrated with pool & TV, CCTV, electric window shades. This home is perfect for outdoor entertaining with a private backyard, resort size salt water pool/spa and cascading waterfalls. There are grass side yards on each side of the home offering even more private outdoor space. The backyard also offers a firepit, built in BBQ island with a pizza oven, fridge and plenty of patio space for entertaining your family and friends. The manager has listed the unit size as 4375 square feet.
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| Apr 11, 2022 | Listed by Compass | $2,799,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017