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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 |
|---|---|---|---|
| Jul 3, 2019 | Sold | ||
| Sold | |||
| Feb 14, 2019 | Listed by Bennion Deville Homes | $910,000 | |
| Listed by Bennion Deville Homes | |||
| Nov 3, 2018 | No longer available | - | |
| No longer available | |||
| Jul 11, 2018 | Listed | $939,000 | |
| Listed | |||
| | |||
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Stunning Mid Century Modern located on a very private, corner lot high up in Silver Spur Ranch. This home has been completely reimagined to provide a one of a kind living experience. Offering commanding mountain views, this Impeccably designed South Palm Desert home features 4 ensuite bedrooms, a powder room, and an outdoor living area that is unrivaled! The covered patio and outdoor kitchen have gorgeous tounge and groove ceilings. The built in surround sound, misting system, and a shaded outdoor theatre area create a perfect blend of indoor / outdoor living. The great room concept, with a dramatic fireplace as the centerpiece, affords a comfortable and cozy conversation area. Built in Perlick refrigerators store your favorite beverages. The Master suite has direct access to the outdoors. The barn door pantry adds a bit of fun and flair! The home also has a Solar System that makes this home very energy efficient. This is an exceptional home and the one you've been waiting for! The manager has listed the unit size as 2309 square feet.
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| Oct 9, 2015 | Sold | ||
| Sold | |||
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About Silver Spur Ranch
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,250 /mo
- 3 Beds
- 2 Baths
- 2,534 ft²
$7,000 /mo
- 2 Beds
- 2 Baths
- 1,512 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017