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70355 Cobb 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 |
|---|---|---|---|
| Jun 9, 2021 | Sold | ||
| Sold | |||
| May 3, 2021 | Listed by Keller Williams Realty | $816,000 | |
| Listed by Keller Williams Realty | |||
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This 1632sqft 3-Bed 2-Bath brings all the character you could ask for in a Mid Century Rancho Mirage home. Situated on 1/4 of an acre you a transported into your own citrus grove once you step into the backyard. Located away from all major roads its your perfect oasis in the desert. Relax in your newly renovated pool with the smells of citrus in the air and beautiful mountain views, there is no better place to call home.Creature comforts include a new washer and dryer, stainless steel appliances in the kitchen, and updated bathrooms. To keep your AC bills low the home features energy efficient double pane windows and brand new sliders that exit onto the covered patio and outdoor dining area.
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| May 30, 2020 | Sold | ||
| Sold | |||
| Apr 25, 2020 | Listed by HomeSmart | $449,999 | |
| Listed by HomeSmart | |||
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This amazing property has 3b-2b is move in ready & PRICED to sell!!! This home is located in the popular Tamarisk Heights area of Rancho Mirage, on a peaceful quite street, comes with 1632 square feet plus a bonus room and inviting sparkling pool, This nicely updated home has energy efficient double pane windows and a newer central air conditioner and gas furnace that were installed approximately 3-4 years ago. modern vinyl plank flooring throughout, granite counter-tops in the kitchen and bathrooms, Samsung stainless steel appliances, and newer air conditioner. Ceiling fans in bedrooms, custom window coverings, and unique industrial light fixtures, the lot is just under 11,000 sq ft. & has a large covered back porch overlooking the pool and surrounding, also comes with a low maintenance yard that features mature orange, tangerine, fig, and grapefruit trees. Perfect full time or vacation home.
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| Jan 8, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017