58587 Oleander Drive
About This Property
A writer's dream, the setting inspires creativity with endless panoramas and tranquil seclusion. Step from your backyard directly onto hiking trails, with benches tucked into lookout points for moments of reflection above the valley floor. At night, unwind in the cowboy tub beneath dark skies ablaze with stars. Inside, open and luminous living spaces flow seamlessly, designed for both relaxation and entertaining. Whether as a private desert hideaway or a lucrative Airbnb investment, Sawtooth Sanctuary offers a rare opportunity to own a mountain-top retreat where inspiration meets serenity.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017