72089 Magnesia Falls 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 21, 2020 | Sold | ||
| Sold | |||
| Jul 14, 2020 | In contract | - | |
| In contract | |||
| Jul 10, 2020 | Listed | $1,100,000 | |
| Listed | |||
| | |||
|
Incredible Estate on .6 acre of lush green landscape & breathtaking mountain views. Totally redone inside and out from porcelain planked floors in main living area and new carpeting in bedrooms, gourmet kitchen with Viking appliances designer cabinetry & ceas,arstone countertops, sunfilled breakfast room, formal dining open to living room,family room with fireplace, office with built-in library, master suite with newly redone bath and incredible tile work, volume ceilings, custom wood shutters, a 3 car garage, gated RV parking, pool with cascading spa, interlocking paver drive and decking, impressive gated courtyard entry,solar, and mountain views. The manager has listed the unit size as 3435 square feet.
| |||
| Oct 21, 2019 | Listed by Keller Williams Realty | $1,100,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
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About Rancho Mirage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017