73440 Algonquin Place Place
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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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | Listed by HomeSmart | $259,900 | |
| Listed by HomeSmart | |||
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Welcome home to your sanctuary on the golf course! Indulge in desert living with this fully furnished 2-bed, 2-bath mobile home, ideally situated on the 8th green and 9th tee box of Tri-palms golf course. Beautifully updated, this residence offers breathtaking mountain views, patio living, double garages and the lowest development HOA fee at just $210 per month. The cozy interior living space is bathed in natural light, with a well-appointed kitchen that boasts modern appliances, updated flooring throughout all while the bedrooms provide comfort and privacy. Step outside to a spacious patio, perfect for al fresco dining with stunning mountain vistas. Enjoy direct access to UNLIMITED GOLF on a nine-hole PAR 3 course, PLUS a PGA-sanctioned 18-hole course. Tri Palms association also comes with access to clubhouse, fitness center, pools, tennis, pickleball, shuffleboard along with many social clubs. This is an unparalleled opportunity to embrace a lifestyle of the desert and enjoy nightly mountain sunsets. Don't miss out on this amazing opportunity. Call today for your private showing 760-574-2299
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| Mar 24, 2016 | Sold | ||
| Sold | |||
| Oct 17, 2015 | Listed by Tri Palms Realty | $89,000 | |
| Listed by Tri Palms Realty | |||
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About Thousand Palms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017