60105 Scenic 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 |
|---|---|---|---|
| Mar 10, 2023 | Sold | ||
| Sold | |||
| Nov 11, 2022 | Listed by Coldwell Banker Realty | $699,900 | |
| Listed by Coldwell Banker Realty | |||
| Jan 8, 2021 | Sold | ||
| Sold | |||
| Oct 21, 2020 | Listed by Coldwell Banker Realty | $439,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to Pinyon Crest! A private, secluded community perched high in the Santa Rosa Mountains, just a short drive up the Palms to Pine Hwy from the famed El Paseo shopping district. Privacy, tranquility, wilderness, and natural beauty describe this unique two story cabin! Sitting on 2.81 acres directly adjacent to BLM land/National Forest (no future development), this property offers jaw-dropping VIEWS of the mountains, rolling hills, canyons, & the city lights far below! Inside this 3 bedroom 3 bath cabin, you'll find a very warm and cozy feel with wonderful use of wood interiors, two cozy fireplaces, high ceilings, and incredible views from every angle & window. Recent renovations and updates include two brand new bathrooms, new quartz kitchen counters, new AC unit, garage door, and water storage tank. The upstairs deck offers breathtaking views of the entire Coachella Valley! Come see why Pinyon Crest is an ideal mountain retreat from the hustle & bustle of the city! Get out of the dense population centers and social distance in the great outdoors. Walk out your front door and hike in your backyard! Enjoy the beautiful high desert and enjoy natural landscapes, large granite formations, pinyons and ancient junipers. Don't miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017