6716 Desert 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 |
|---|---|---|---|
| Aug 6, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2021 | Listed by Cally Larson Real Estate LLC | $260,000 | |
| Listed by Cally Larson Real Estate LLC | |||
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Inviting, move-in ready split-level home with 3 bedrooms and 2 full baths. This well maintained home features a bright and open first floor with Travertine flooring throughout, and vaulted ceilings in the dining room & kitchen - perfect for entertaining. The renovated kitchen boasts white cabinets, stainless steel appliances, breakfast bar with stunning pendant lighting & separate eating area with slider leading to the large concrete patio & fenced yard, to enjoy the upcoming summer evenings. The family room boasts hardwood flooring and a beautiful floor-to-ceiling stone fireplace. Finished sub-basement offers a large recreation room with new carpet and laundry room. Master bedroom enhanced with vaulted ceiling, plant shelf, large walk-in closet & shared bath with dual vanity. Neighborhood features 7 ponds as well as a park/playground. Home is in walking distance to elementary school. Close to entertainment, Wedgewood Golf Course, shopping, restaurants & I-55.
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| Mar 15, 2017 | Sold | ||
| Sold | |||
| Jan 27, 2017 | Listed by Keller Williams Infinity | $220,000 | |
| Listed by Keller Williams Infinity | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017