68195 Concepcion Road
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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 |
|---|---|---|---|
| Jun 25, 2023 | No longer available | - | |
| No longer available | |||
| Jun 7, 2023 | Listed by Keller Williams Coastal Properties | $699,000 | |
| Listed by Keller Williams Coastal Properties | |||
| | |||
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Discover your own private oasis with this beautiful 4-bedroom, 2.5-bathroom Panorama Park pool home. Whether you're seeking a tranquil year-round residence or a weekend escape, this single-story gem has everything you need to enjoy a comfortable and relaxing lifestyle. Built in 2020, this home offers the best of contemporary living and the peace of mind that comes with newer construction. There are modern comforts such as central A/C, a tankless water heater, and new FULLY OWNED 5.76 KW solar panels, ensuring energy efficiency and reduced utility costs.
With an open floor plan, recessed lighting, and a neutral color palette, the interior exudes a fresh and inviting ambiance. The kitchen is a home chef's dream, featuring white shaker cabinets, quartz countertops, and stainless-steel appliances. The spacious island, complete with a built-in sink, provides both ample workspace and a cozy spot for casual dining. Gaze out through the sliding glass door from the dining area and enjoy the captivating view of the pool and spa. The primary bedroom suite is a peaceful retreat, boasting a spacious walk-in closet and a well-appointed en-suite bathroom with double sinks, a separate toilet room, and an impressive tiled shower. You even have a delightful view of the inviting pool area through another sliding glass door in this room, allowing you to wake up to the serene sight of sparkling water.
Three additional bedrooms, one and a half additional bathrooms, a convenient indoor laundry room, and a direct access two-car garage complete the expansive, but practical layout. Step outside to the entertainer's backyard, where you'll find the perfect space for hosting gatherings. The designer pool and spa not only beckon for a refreshing dip, but with two underwater stools it’s a great spot to sit and enjoy a beverage without leaving the pool. The covered patio area, complemented by a built-in outdoor kitchen and grill, is the ideal spot for barbecues and alfresco dining. In this backyard, you can take in the scenic mountain views and fully embrace the quintessential desert lifestyle. With Palm Springs only minutes away, you'll also be able to enjoy all the entertainment and recreation the area has to offer. This stunning home is being offered furnished by the seller, allowing for an effortless and seamless move-in experience. The manager has listed the unit size as 2025 square feet.
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| Dec 22, 2020 | Sold | ||
| Sold | |||
| Jan 14, 2020 | Listed by Keller Williams Luxury Homes | $459,000 | |
| Listed by Keller Williams Luxury Homes | |||
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017