72827 Bursera Way
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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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 28, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed | $599,000 | |
| Listed | |||
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Fantastic Opportunity. 4 bedrooms and 4 baths home. Palm Springs style pool/spa home with large circular driveway. Private guest house with a living room, bedroom and private bath with views of the pool and spa. Living room with marble fireplace and sliding glass doors leading out to the private backyard with pool/spa, mature landscaping, large covered draped patio and mountain views. Updated Kitchen with granite countertops, center island and an added breakfast room/area, upgraded electrical service, installed double pane windows throughout, all completed by previous owners. Masterbedroom with sliders leading to the backyard. Masterbath with dual sinks, and step-down shower with sliders leading to the Atrium. Generous sized guest bath with dual vanity, shower tub combo. 2 spacious guest bedrooms with sliders leading to private patio area. Powder room with access to the outside and is complete with shower stall. This home is perfect for Palm Springs style entertaining The manager has listed the unit size as 2787 square feet.
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| Mar 22, 2018 | Listed by RE/MAX Consultants | $599,000 | |
| Listed by RE/MAX Consultants | |||
| | |||
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Fantastic Opportunity. 4 bedrooms and 4 baths home. Palm Springs style pool/spa home with large circular driveway. Private guest house with a living room, bedroom and private bath with views of the pool and spa. Living room with marble fireplace and sliding glass doors leading out to the private backyard with pool/spa, mature landscaping, large covered draped patio and mountain views. Updated Kitchen with granite countertops, center island and an added breakfast room/area, upgraded electrical service, installed double pane windows throughout, all completed by previous owners. Masterbedroom with sliders leading to the backyard. Masterbath with dual sinks, and step-down shower with sliders leading to the Atrium. Generous sized guest bath with dual vanity, shower tub combo. 2 spacious guest bedrooms with sliders leading to private patio area. Powder room with access to the outside and is complete with shower stall. This home is perfect for Palm Springs style entertaining
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About South Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017