68342 Descanso Circle
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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 |
|---|---|---|---|
| Jan 21, 2020 | Sold | ||
| Sold | |||
| Dec 15, 2019 | Listed by RE/MAX Consultants | $339,000 | |
| Listed by RE/MAX Consultants | |||
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Priced to sell. This single family pool home is awaiting your personal touches. Located in the family oriented community of Panorama near schools, churches and parks, it sits on a quiet, short street with little drive-through traffic. An open floor plan and high vaulted ceilings make the indoor living spaces light & bright. Many designer features throughout. The kitchen has solid custom cabinets with quiet-close drawers, black slab granite counter tops, Kohler faucet, Elkay Gourmet stainless steel dual sink, Viking Refrigerator, Bosch dishwasher, and stove with Viking vent hood. Other features include bamboo flooring in the living room, Pella wood sliding patio doors with integrated sunscreens in the Living Room, Master & one Guest Bedroom and plantation shutters on many windows. The rear yard is walled & very private making the patio a great place for outdoor dining and entertaining. The patio is protected by a large AlumaWood cover and overlooks the pool & spa, surrounded by lush foliage, palm trees and a small lawn for the family dog. Over-sized two car garage has lots of storage space. The home is being sold as-is. All information is deemed reliable but not guaranteed.
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| Aug 27, 2014 | Sold | ||
| Sold | |||
| May 16, 2014 | Listed by Barnett California Realty | $234,000 | |
| Listed by Barnett California Realty | |||
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Upgraded Single Family Home located in the desirable neighborhood of Panorama. This home has been well outfitted with whole cedar quiet-close drawers, black slab granite counter-tops, Kohler faucet, Elkay Gourmet stainless steel dual sink, Bosch Dishwasher, Viking wide vent hood with halogen lights, and plantation-shutters in Kitchen . Other upgrades include AlumaWood patio cover, Intelliflo variable speed programmable energy-saving pool equipment, Bamboo wood flooring in living room, Honeywell programmable wireless thermostat control, and Pella Designer Series Wood Sliding Patio Doors. The open floor plan and vaulted ceilings make the indoor living spaces light and bright. The very private backyard with pool and spa boasts lush vegetation and spectacular mountain views. All information deemed reliable, but not guaranteed. Call today to pre-view this beautiful home that is shown by appointment only.
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017