68128 Verano Road
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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.
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 6, 2022 | No longer available | - | |
| No longer available | |||
| Feb 19, 2022 | In contract | - | |
| In contract | |||
| Feb 16, 2022 | Listed by HomeSmart Professionals | $430,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
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Newly listed 3 Bed 2 Bath home now available on a nice quiet cul-de-sac with curb appeal. Step inside the private courtyard and have the ability to enjoy a quiet morning with your favorite coffee or tea. Walk through the custom rain glass front door and be greeted with vaulted ceilings and tile throughout. In the upgraded kitchen you'll find hanging bar lights, granite countertops, tile backsplash and stainless steel appliances. The home has other upgrades as well, the bedrooms contain new carpeting with ceiling fans in each bedroom, double pane sliders that lead to the backyard, newer plumbing fixtures and a Lennox air conditioner that was installed in 2013. The main bathroom was updated to a walk-in shower with glass doors and granite counters. The large backyard has a built in BBQ area and has been landscaped with plenty of grass. Call for more information and to schedule a showing today. The manager has listed the unit size as 1295 square feet.
| |||
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Aug 25, 2020 | Listed by Coldwell Banker Realty | $320,000 | |
| Listed by Coldwell Banker Realty | |||
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About Palm Springs Highlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017