677 Arrowhead 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 |
|---|---|---|---|
| May 14, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed by EQTY Forbes Global Properties | $2,075,000 | |
| Listed by EQTY Forbes Global Properties | |||
| Sep 30, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by HK Lane Real Estate | $1,788,000 | |
| Listed by HK Lane Real Estate | |||
| | |||
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Very Desired Indian Ridge Country Club Popular Ocotillo 2 home located on a private West facing oversized panoramic view lot! Boasting an open floor plan with soaring ceilings, this recently remodeled light and bright 4-bedroom and 4-bathroom home takes advantage of the indoor/outdoor lifestyle due to the many windows and glass sliders. Tons of recent updates include modern porcelain tile throughout, new baseboards, 70+ LED recessed lights, electric color changing fireplace in the family room, brand new stainless steel KitchenAid & LG appliances, whole house water filtration & softener system with reverse osmosis drinking water system in kitchen, Hunter Douglas remote blinds, freshly painted cabinets in the kitchen and laundry room, all new custom cabinets with quartz counter tops in the bathrooms, completely renovated powder room with Italian made porcelain countertop & sink. The owner has converted the dining room into a 4th bedroom/private office to maximize the interior space and provide another sanctuary. Overlooking the green off the 14th hole on the Arroyo Course, the spacious outdoor living area has spectacular panoramic mountain views and is large enough for a private pool. The exterior of the home includes new exterior paint, brand new landscaping and irrigation, outdoor lighting and room to build a casita! Additional upgrades include two tankless water heaters, newer A/C unit, state of the art security and custom closet organization.
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| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
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About Palm Desert
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Currently no similar homes aroundNearby Rentals
$6,200 /mo
- 2 Beds
- 2 Baths
- 1,330 ft²
$6,500 /mo
- 2 Beds
- 2 Baths
- 1,330 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017