73240 Willow Street
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 |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| May 13, 2024 | Listed by Coldwell Banker Realty | $1,500,000 | |
| Listed by Coldwell Banker Realty | |||
| May 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 8, 2024 | Price Decreased |
$1,475,000
↓ $25K
(1.7%) | |
| Price Decreased | |||
| Feb 1, 2024 | Listed by Redfin Corporation | $1,500,000 | |
| Listed by Redfin Corporation | |||
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Patton & Wilde Mid-Century Modern circa 1958 in this sought-after South Palm Desert neighborhood! SPLENDID ranch-style living on .34 acres. The circular driveway sets the mood as we motor past a FABULOUS low-pitched roofline. The exterior rock wall hints to what's inside. The rock wall continues into the living room accenting the fireplace. Arched and beamed ceilings draw the eye upwards characteristic of the modernism movement this home embodies. French doors open to patios and a stunning mosaic blue-tiled pool. The enormous, private backyard with fabulous landscaping and an extended covered patio. Don't miss the outdoor shower, too. The chef's kitchen has been remodeled to perfection with high-end stainless steel Fisher & Paykel appliances, custom cabinetry, slab marble countertops, and a wet bar with Zephyr wine fridge. The 3 en-suite bedrooms, all enjoying a nice separation. A fourth bedroom/expansive den/office is positioned off the master bedroom and could be reimagined as a casita with the addition of a bathroom and closet. All of these rooms are configured with private access to the pool. Master bath and jacuzzi tub makes great use of travertine. Take note of the ''quiet factor'' and lack of any ambient noise. Minutes to Palm Desert's El Paseo shopping district home to upscale restaurants, designer fashion, art galleries, interior design showrooms, and specialty shops. This is the Mid-Century Modern home of your dreams! The manager has listed the unit size as 2744 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017