68625 Risueno 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%.
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 26, 2021 | Sold | ||
| Sold | |||
| Dec 9, 2020 | Listed by I Heart Real Estate, Inc. | $575,000 | |
| Listed by I Heart Real Estate, Inc. | |||
| | |||
|
Spectacular 2800 Sq ft home in the highly desirable neighborhood, Panorama. This 3bd/3ba fully renovated home includes a backyard paradise with a pebbletec pool/ spa surround by staggered warm colored pavers that will appease the most discriminating buyer. Exclusive gourmet kitchen with quartz countertop and new stainless steel appliances is ultimate entertainers delight! Renovated large master bedroom with bathroom which provides the ultimate getaway. Highly upgraded home with custom window coverings, paint and laminate flooring. Elegant living room with fireplace and french doors leading to the extended patio with amazing views of the backyard paradise. Underneath the patio is outdoor lounge with fire pit. Delight endless sunsets with private large backyard with pool, spa and cabana with and mountain views! Welcome Home!!
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| Oct 19, 2018 | Sold | ||
| Sold | |||
| Jul 26, 2018 | Listed by A LIST ESTATES | $434,900 | |
| Listed by A LIST ESTATES | |||
Property Highlights
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017