72218 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 |
|---|---|---|---|
| Apr 30, 2018 | Sold | ||
| Sold | |||
| Feb 28, 2018 | Listed by Bennion Deville Homes | $795,000 | |
| Listed by Bennion Deville Homes | |||
| May 7, 2014 | Sold | ||
| Sold | |||
| Feb 27, 2014 | Listed by Coldwell Banker Realty | $649,000 | |
| Listed by Coldwell Banker Realty | |||
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Your own private tennis oasis awaits you on this super-sized lot in Rancho Mirage. The SOUTH-facing front courtyard sits behind a security gate with a lovely water feature, patio, spa, and lap pool. The sunken standard size tennis court, along with an adjustable basketball hoop, will keep you active outside as you enjoy the patio and beautiful views. This light and bright 3 bedroom, 3 bath home will amaze you with all of the upgrades as you admire the open floor plan, granite countertops throughout the home, new carpet, spa tub and steam system in the master bath, and the storage...wonderful closets with pull-out drawers throughout the home and high shelves in the master that can be reached with just the pull of a knob! Too many upgrades to mention here, you must see to appreciate the value you will get from this fantastic property! Presented to you by Scott and Nicole Chapman.Please click on the Virtual Media link above the pictures to view the video of this lovely home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017