74126 Velardo Drive
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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.
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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 |
|---|---|---|---|
| Dec 31, 2021 | No longer available | - | |
| No longer available | |||
| Nov 21, 2021 | In contract | - | |
| In contract | |||
| Nov 14, 2021 | Listed by Real Living Prime Properties | $499,000 | |
| Listed by Real Living Prime Properties | |||
| | |||
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LOCATION, LOCATION, LOCATION! Fabulous 4 BEDROOM MID CENTURY PALM DESERT POOL HOME WITH SPACIOUS CASITA. Enjoy our beautiful desert sunsets from your SERENE, PRIVATE Backyard, perfect for fun in the sun, family gatherings or entertaining! Great room with living area that offers several windows with views to the expansive backyard, ceiling fan and dining area. The Kitchen has a enormous granite countertops, chic back splash and window with views of the pool.. The main house offers 3 bedrooms and 2 baths while the detached CASITA offers and additional bedroom with partial kitchenette. Fabulous separation as the Primary Bedroom is large with a walk in closet and Primary Bath features two vanity areas and separate walk-in shower. There are two additional guest bedrooms on the opposite side of the housel. The 4th bedroom in the CASITA is currently being used as a storage area. Once in the backyard, there is a a perfectly sized sparkling pool for floating and soaking in the sun!, the covered patio and built-in barbeque are perfect for entertaining and enjoying our desert sunsets, there is even an area with artificial turf for family fun and games. New A/C, Inside Laundry Room w/ shelves. Ceiling fans throughout home. Large carport and fee land. Near Palm Desert with Palm Desert Charter Middle School, 70-acre Civic Center Park, amphitheater, skate park, playground, dog park & walking paths and more! McCallum Theater, El Paseo & Westfield Shopping Mall, library & Aquatic Center The manager has listed the unit size as 1456 square feet.
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| Feb 19, 2020 | Sold | ||
| Sold | |||
| Oct 4, 2019 | Listed by Thomas Masters, Broker | $342,000 | |
| Listed by Thomas Masters, Broker | |||
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About Shadow Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017