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7 Buckingham Way
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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 |
|---|---|---|---|
| Oct 28, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 25, 2021 | Listed by Coldwell Banker Realty | $1,095,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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This elegant home is located in Victoria Falls, a gated community in the heart of Rancho Mirage! This wonderful property features four bedrooms, family room, dining room, beautiful open kitchen and nook, enhanced with plantation shutters throughout the entire home and much more! The master suite is very spacious with a sitting area overlooking the pool. The master bath boasts a soaking tub, shower, bidet, walk in closet and more! A very private expansive back yard features a beautiful lawn with 9 queen palm trees, four fruit trees, has a distinctive salt water pool built in the shape of a piano...guess why? It was the former home of a renowned international entertainer who is the son of the great Harpo Marx! Such a great piece of our desert history! This beautiful home also features a three car garage with epoxy flooring, and is equipped with solar power.This is a perfect home for anyone who wants to enjoy the desert lifestyle at its best!Victoria Falls has tennis courts, pickle ball, and basketball courts! Located just across from the Gelson's shopping center in Rancho Mirage, with great restaurants, golf and more! Palm Springs International Airport is just 20 minutes away. This fabulous Rancho Mirage property is a must see, and definitely one not to miss!
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| Jul 24, 2020 | Sold | ||
| Sold | |||
| Jun 20, 2020 | In contract | - | |
| In contract | |||
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About Victoria Falls
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$9,500 /mo
- 3 Beds
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- 2,940 ft²
$9,000 /mo
- 4 Beds
- 4 Baths
- 2,971 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017