72033 Clancy Lane
About This Property
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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%.
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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 |
|---|---|---|---|
| Feb 22, 2023 | Sold | ||
| Sold | |||
| Jan 2, 2023 | No longer available | - | |
| No longer available | |||
| Jan 1, 2023 | Listed by Desert Elite Properties, Inc. | $2,775,000 | |
| Listed by Desert Elite Properties, Inc. | |||
| | |||
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REDUCED!!! TURN KEY FURNISHED CLANCY LANE COMPOUND HITS MARKET*** This custom built estate in the heart of Rancho Mirage struts approx 5,500 square feet, 5 bedrooms, 4.5 bathrooms, detached guest casita, 3 car garage, & sits on a massive 40K+ square foot lot. The interior features travertine floors, high ceilings, all 8 foot doors, open floor plan, stack stone fire place, granite slab counter tops, top of the line appliances, huge double islands in the kitchen, & tons of detail. The master wing features big walk in closet, double vanity sinks, walk in shower, separate tub, & direct access to the backyard. 3 out of the 4 guest bedrooms have direct access to the back yard through French double doors plus direct access to a bathroom. The backyard is a custom private paradise that features pebble tec pool & spa w/ swim up bar & waterfalls, outdoor kitchen, fire pit, putting greens, & chipping area. This is an entertainers dream & truly one of a kind for Clancy Lane! Call today for a private showing!
| |||
| Nov 16, 2022 | Price Decreased |
$2,775,000
↓ $125K
(4.3%) | |
| Price Decreased | |||
| Oct 26, 2022 | Price Decreased |
$2,900,000
↓ $100K
(3.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017