68 Sutton Place E
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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%.
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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.
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 7, 2021 | Sold | ||
| Sold | |||
| May 1, 2021 | Listed by Real Estate Associates of The Desert | $549,000 | |
| Listed by Real Estate Associates of The Desert | |||
| Apr 15, 2021 | In contract | - | |
| In contract | |||
| Apr 8, 2021 | Listed | $549,000 | |
| Listed | |||
| | |||
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Check out this Amazing FOUR BEDROOM PALM DESERT POOL HOME in the desireable gated community of Belmonte Estates! This home offers 4 bedrooms (one is currently being shown as an office) 2 baths, a spacious Great Room with Fireplace and Media Niche! The Kitchen has White Cabinets, Quartz Countertops, Full Backsplash and a breakfast Nook with GREAT MOUNTAIN VIEWS!! Gorgeous Designer Ceiling Fans throughout! The Master Bedroom is spacious with engineered wood flooring! The Master Bath is Stunning with Marble Counters, Marble Tub and Shower Surrounds, upgraded faucets and Custom Lighting! 2 other bedrooms to complete this great home!! Walk outside to your VERY PRIVATE Backyard with Custom Pebble Tec Pool and Spa! Large lot over 8700 square feet!! Wonderful neighborhood with great neighbors! Low HOA's of $152 per month! Superior location close to everything.! This is an A+++ Prime Property and should be at the topof your MUST SEE List today! HURRY!! The manager has listed the unit size as 1970 square feet.
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About Palm Desert
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$7,600 /mo
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$8,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017