6192 Tranquil Desert Drive
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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 |
|---|---|---|---|
| Jun 7, 2021 | Sold | ||
| Sold | |||
| Apr 10, 2021 | Listed by Sandy Messer And Associates | $529,999 | |
| Listed by Sandy Messer And Associates | |||
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Enjoy your own private oasis in the heart of Franklin Hills with this better than new home. No detail has been overlooked in this former Winton-Flair Model Home, from the tile inlay on the staircase to the wood beams across the living room ceilings and an outside oasis complete with a custom heated saltwater pool, attached waterfall hot tub, a green side yard for pets, and large covered patio perfect for entertaining family and friends. This energy star certified open concept floor plan boasts tons of upgrades: natural stone tile accent walls in den and powder room, all stainless kitchen, quartz counters, soft close cabinetry, water softener, tankless water heater, enclosed balcony with panoramic views of the mountain and valley, upgraded appliances, and security system. The downstairs master features double closets and a dreamy master bath. Upstairs are three additional bedrooms and two baths plus a loft complete with wet bar, a wine fridge, and built in cabinetry. Make it yours before it's gone!
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| Jan 25, 2019 | Sold | ||
| Sold | |||
| May 3, 2018 | Listed by Sun City Realty | $398,454 | |
| Listed by Sun City Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017