70171 Chappel 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 |
|---|---|---|---|
| May 12, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Bennion Deville Homes | $799,000 | |
| Listed by Bennion Deville Homes | |||
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Stunning Unobstructed Panoramic SW Mountain views are enjoyed from this charming Tamarisk Heights home built in 1964. NO HOA! You own the land. The beautiful resort style South orientation yard enjoys a pool, aluminum-wood covered patio, natural gas fire pit & BBQ plus a Detached 120+ SF Casita with its own HVAC system opening to the pool and with windows to the view. Perfect for private office, work out room, etc. This 1224 SF updated 2 Bed, 2 Bath home has an open floor plan with remodeled kitchen with full size stacked washer and dryer, slab granite counters and kitchen window to the view. The home was updated to low E dual pane windows, newer hot water heater and newer pool heater. The living room flows into a Sun Room with wood burning Fireplace and dining table which enjoys magnificent SW views through a large picture window. This is an excellent opportunity to purchase a great view property that can be enjoyed as is or expanded to suit your desires. Located in a highly coveted Tamarisk Heights area of Rancho Mirage with flat streets for enjoyment, it's near Mission Hills Country Club, not far from Palm Springs Air Port and also accessible to the Palm Desert Hub. Available for quick close of escrow.
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| Mar 22, 2018 | Sold | ||
| Sold | |||
| Feb 12, 2018 | Listed by California Lifestyle Realty | $365,000 | |
| Listed by California Lifestyle Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017