73526 Little Bend Trail
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 |
|---|---|---|---|
| Jan 20, 2020 | No longer available | - | |
| No longer available | |||
| Jan 17, 2020 | Sold | ||
| Sold | |||
| Sep 19, 2019 | Listed | $599,000 | |
| Listed | |||
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Completely renovated home located at Silver Spur Ranch in South Palm Desert. Three bedrooms, each with own bath and walk-in closet. Owners meticulous renovation includes; new A/C, furnace and hot water heater, new flooring, paint, appliances, kitchen & bathroom cabinets, counter tops and fixtures. Pool is all new, completely rebuilt with new wiring, plumbing, plaster and concrete decking; all permitted. Two-car garage with convenient large laundry room built into the garage along with detached gated driveway leading to a one-car garage with separate room for art/music studio or workshop. This open floor plan combines kitchen, dining and living room with large outside private patio offering mountain views in all directions. No overhead power lines and low HOA dues with one-time payment of $150, annually. Recent price adjustment makes this home a great value in South Palm Desert; minutes to shopping, restaurants, theaters, Living Desert museum, hiking/biking trails and short walk to Ironwood Park. The manager has listed the unit size as 2000 square feet.
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| Jul 26, 2019 | Listed by Halton Pardee & Partners, Inc. | $599,000 | |
| Listed by Halton Pardee & Partners, Inc. | |||
| Jul 2, 2019 | No longer available | - | |
| No longer available | |||
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About Silver Spur Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017