71 Tempe Trail
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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 |
|---|---|---|---|
| Jan 1, 2020 | No longer available | - | |
| No longer available | |||
| Dec 30, 2019 | Sold | ||
| Sold | |||
| Nov 29, 2019 | Listed | $599,900 | |
| Listed | |||
| | |||
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Updated, Light & Bright 4 Bedroom, 2.5 Bath, Pool/Spa Home located in the Gated Community of Tucson in Palm Desert. Popular Open Floor Plan with Family Room & Formal Dining Rooms. Features include custom cabinetry, recessed lighting, fresh paint, ceiling fans, shutters & custom window coverings. Cooks Kitchen with stone counters, wood-like tile floors, island/breakfast bar, stainless steel appliances & built-in desk and opens to the Family Room with stone Fireplace & built-in cabinets. Master Bedroom has walk-in closet & Master Bath with large tiled walk-in Shower and Tub. Separate Laundry Room with Washer/Dryer, sink & storage cabinets. The Spacious Outdoor Living Space includes Covered Patio with Ceiling Fan & Private Free-Form Pool/Spa/Waterfall, FirePit & Stainless Steel BBQ with Fridge. Spotless Home, located in a desirable Palm Desert neighborhood. Close to schools, parks, shopping tennis, golf, restaurants & entertainment. Furnished per inventory. The manager has listed the unit size as 2330 square feet.
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| Nov 21, 1999 | Listed by Windermere Homes & Estates | $599,900 | |
| Listed by Windermere Homes & Estates | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017