74101 Encore Lane
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 |
|---|---|---|---|
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Jun 19, 2021 | Listed by HomeSmart | $799,000 | |
| Listed by HomeSmart | |||
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Welcome to The Encore @ Palm Desert. Highly appointed homes built by GHA. This 2730 sq.ft, north facing home is situated on a large corner lot in a quiet cul de sac. The home includes 3 bedrooms, 3.5 baths, den, plus in-law suite with its own private entrance. The gourmet kitchen features a large slab granite island, granite counter tops, whirlpool stainless steel appliances, a large walk in pantry, water softer, beautiful backyard, includes artificial turf, covered patio, sparkling salt water pool and a gorgeous wood deck with gazebo. This home is a must see.
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| Nov 21, 2014 | Sold | ||
| Sold | |||
| Jun 12, 2014 | Listed by Ultimate New Home Sales & Marketing | $482,900 | |
| Listed by Ultimate New Home Sales & Marketing | |||
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