68560 Hermosillo 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 |
|---|---|---|---|
| Apr 21, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by Keller Williams Luxury Homes | $535,000 | |
| Listed by Keller Williams Luxury Homes | |||
| Jun 15, 2021 | Sold | ||
| Sold | |||
| May 5, 2021 | Listed by Keller Williams Realty | $375,000 | |
| Listed by Keller Williams Realty | |||
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This two bedroom, two bath home has many new enhancements that make it a very attractive buy! Recent upgrades include an entirely new roof, the exterior and interior of the home was just freshly painted and a heating/cooling system recently installed. There is a newer hot water tank in the garage and an upscale refrigerator in the kitchen. The home has mostly tile flooring. The master suite has carpet. The great room has a gas fireplace, (perfect for those cool winter evenings) and plantation shutters. The kitchen has rich wood cabinets, tile countertops, a stainless steel double sink, white appliances with a gas stove and the beautiful multi-drawer refrigerator/freezer. Nearby is the dining room which has a butler's pantry with cabinets and large countertop to aid in serving large special occasion dinners such as Thanksgiving. Near the guest bedroom is a full bath with a shower over a tub. The spacious master suite has a private full bath. There is space for storage in the two car garage. This huge 8276 SF lot provides an amazing back yard with lush green grass, mature fruit trees, including an avocado tree, and room for a full size swimming pool. Just a short walk to Panorama Park that is great for kids but has something for every age. Don't wait, act now!
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017