59300 Courtesy Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2021 | No longer available | - | |
| No longer available | |||
| Apr 25, 2021 | Price Decreased |
$275,000
↓ $4K
(1.4%) | |
| Price Decreased | |||
| Apr 1, 2021 | Listed | $279,000 | |
| Listed | |||
| | |||
|
Newly painted interior! Adorable alpine cabin in Mountain Center, around 40 minutes to Palm Desert & 20 minutes from Idyllwild! Not too far from the coast! Behind the wooden fence accented w/ rustic stone pillars, relax in the lovely front yard with old growth trees towering over a wood deck, complete with a hot tub. There are blossoming trees and garden beds to grow your veggies and flowers. At the end of the concrete driveway, large enough for parking an RV, is a carport/shed which can be used to store gardening tools, or finished for a studio. Inside the house are beamed ceilings, rustic wood walls and wood plank floors. The kitchen has been outfitted with beautiful custom maple cabinets with glass-paned doors. Appliances include gas stove, new refrigerator & brand new stacked washer & dryer in the laundry closet. Remodeled bathroom with glass tiles and a soothing jet tub. While fireplace is currently for decorative purposes only. Work from home utilizing the high speed fiber optics! A great getaway home or primary home and/or a rental property, airbnb is OK! Near exclusive Garner Valley with its beautiful horse ranches & million dollar properties, & beautiful Lake Hemet. The Santa Rosa Pit Stop is open 24 hours for the best-priced gas around, & nearby Paradise Cafe offers breakfast, lunch & dinner. Prepare to be charmed! Best priced home in the area! The manager has listed the unit size as 896 square feet.
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| Mar 18, 2016 | Sold | ||
| Sold | |||
| Oct 3, 2015 | Listed by La Quinta Palms Real Estate Co | $134,900 | |
| Listed by La Quinta Palms Real Estate Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017