71944 Desert Drive
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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 |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Keller Williams Realty | $1,240,000 | |
| Listed by Keller Williams Realty | |||
| Nov 28, 2016 | Sold | ||
| Sold | |||
| Aug 17, 2016 | Listed by Keller Williams Realty | $549,900 | |
| Listed by Keller Williams Realty | |||
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Olde California Ranch oozing with charm on over .5 acres of hushed privacy. Gorgeous w/ custom rustic solid core doors and hardware, sautillo tiles, wood vaulted ceilings, open airy kitchen with center cooking island, subzero fridge open to semi-formal dining with full wall of custom cabinetry 3rd bedroom used as den. Office off garage. Free form pool with spa, covered RV Parking. Near The River, Bump & Grind hiking trail and new Rancho Las Palmas Shopping Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017