73813 Picasso 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 |
|---|---|---|---|
| Jul 30, 2015 | Sold | ||
| Sold | |||
| Feb 22, 2015 | Listed by Coldwell Banker Realty | $479,000 | |
| Listed by Coldwell Banker Realty | |||
| Jul 26, 2013 | Sold | ||
| Sold | |||
| May 24, 2013 | Listed by Bennion Deville Homes | $424,900 | |
| Listed by Bennion Deville Homes | |||
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This beautiful home offers 3 bedrooms, 3 baths; 2 bedrooms are master bedrooms with nice separation. A perfect spacious great room and kitchen area, a separate den/office room, a formal dining room, an indoor laundry room with added storage, and an attached 3 car garage are also featured. The nice and bright south facing backyard has been professionally landscaped to best preserve your water source and is conducive to the desert. The patio area is made up of natural colored pavers covered with a pergola for your outside entertainment and enjoyment. The front yard and entryway is also pleasantly landscaped with the same desert plants and feel. This home was built in 2011; the central location of this development is a great starting point to where ever you want to go in the desert. This property a shown by appointment only, so please call Agent today!!
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Property Highlights
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017