567 N Lujo Circle
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.
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $1,075,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Discover one of the few 4-bedroom, 3-bath homes available in Central Palm Springs, an ideal SHORT TERM VACATION RENTAL. This home offers a TOTAL RESORT ATMOSPHERE, perfect as a Primary residence (current use), Vacation Getaway, or Investment Property. Situated on a quiet cul-de-sac just blocks from downtown, this property exemplifies pride of ownership. The home features upgraded landscape with a private front enclosed patio, and a well-appointed interior, including a modern kitchen, high ceilings, and a living room with a dramatic fireplace. The property also includes a separate casita with bath, private entrance, and an adjoining laundry room equipped with two washers and dryers to serve both structures. The backyard pool and leisure area, along with most living spaces, provide breathtaking views of the San Jacinto Mountains, while a Ficus hedge offers extreme privacy. Additional amenities include a covered patio, fire pit, built-in BBQ, water feature, low-maintenance landscaping,and exterior cameras all designed for relaxation and entertaining plus additional security. See documents for list of improvements, furnishings to remain, and disclosures.
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| Jun 1, 2020 | Sold | ||
| Sold | |||
| Apr 1, 2020 | Listed by Bennion Deville Home Referrals | $599,000 | |
| Listed by Bennion Deville Home Referrals | |||
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Live Virtual Tour available. Call for an appointment. Simply beautiful inside and out. Professionally renovated this 2,025 sq. ft. bungalow is offered turn-key, fully furnished, fully equipped and ready to go as a vacation rental. Beautifully furnished and professionally decorated. Bright kitchen with tons of cupboard space and newer appliances, countertops and cabinetry. Roller-shade window coverings throughout. Casita bathroom with very cool walk-in concrete shower and custom cabinetry. Three bedrooms plus private casita make it a large and lovely four-bedroom home with two walk-in closets and three bathrooms. Amazing curb appeal, professionally landscaped with private back yard, swimming pool and custom waterfall spa. Covered patio and back yard face west with an exceptional view of the mountains. Newer pool equipment. Gas fireplace. Double garage with storage. Rental history available with accepted offer.
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About Palm Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017