56 S Sand Creek Creek
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 18, 2020 | In contract | - | |
| In contract | |||
| Jul 30, 2020 | Listed | $99,900 | |
| Listed | |||
| | |||
|
Beautifully updated 2 bedroom, 2 bath light and airy property on low maintenance quiet interior corner lot. Built in 2003, unit has been updated in the last couple of years. Property is furnished with the exception of the the seller's exclusion list. There is a small storage shed and covered parking for 2 vehicles. This 55+ community of Royal Palms features, gated entry, 16,000 sq. ft. Clubhouse, shuffleboard court, putting greens, dog park, card room, fitness center, pool, spa, 2 pickle ball courts and tennis courts and lots of daily activities to keep you busy. This convenient location is close to shopping and amenities. The space rent includes the monthly Indian land lease and is $690.00 a month. The manager has listed the unit size as 1056 square feet.
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| Jul 1, 2016 | Sold | ||
| Sold | |||
| Jan 22, 2016 | Listed by Windermere Homes & Estates | $74,000 | |
| Listed by Windermere Homes & Estates | |||
Property Highlights
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017