73635 Adobe Springs Drive
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%.
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 |
|---|---|---|---|
| Oct 12, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| May 16, 2018 | Listed | $139,900 | |
| Listed | |||
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Close to club house this 2 bed 2 bath double wide features an extended living room, hardwood and tile floors, granite kitchen counters, cozy double sided fireplace, and beautiful mountain views from the covered front patio, dining and sitting rooms. Desert landscaping, fruit trees, two storage sheds, tile roof and more! Great bones but needs some TLC. Public records show 1400 SqFt but appears much larger due to additions. Low HOA includes free Golf for up to 3 people, Trash Pick Up, Recycling, Street Sweeping, Cable TV with HBO, Showtime and Movie Channels! Palm Desert Greens is a 55 plus community with Guard Gated Security, On Site Restaurant/Bar,Tennis, Pool, Spa and numerous clubs! You own the land! Make your offer today! (There are 37 photos in this listing. If you aren't seeing them ask your agent to contact their MLS administrator) The manager has listed the unit size as 1440 square feet.
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| Mar 5, 2018 | Listed by Tarbell REALTORS | $139,900 | |
| Listed by Tarbell REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017