598 Mesa Grande Drive
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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 |
|---|---|---|---|
| Aug 9, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $639,000 | |
| Listed | |||
| | |||
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If you want the best! This is truly an elegant home. Gorgeous and wonderfully upgraded, this Bougainvillea 2 has it all!! This home sits highly elevated over the Grove #16 and has wonderful east and south mountain and lake views!!! Outside you'll find the impressive patio area featuring a waterway flowing into an oversized spa. There's a built-in BBQ area, custom outdoor lighting and plenty of room for entertaining! Inside you'll find French Limestone flooring throughout (except bedrooms and office). The high-end custom lighting inside is truly spectacular. There is even pinpoint lighting that makes this great room amazing at night! The media area features a built-in and the large screen TV and electronics remain. Built-in speakers with surround sound. Granite kitchen, wet bar, powder, pony walls and even guest bath counters! Office has built-ins and a Murphy bed. Separate golf cart garage. Offered turnkey furnished! Club or Golf Membership is available with this home!The manager has listed the unit size as 2742 square feet.
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| Sep 14, 2016 | Listed by HK Lane Real Estate | $639,000 | |
| Listed by HK Lane Real Estate | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017