74144 CHINOOK Circle
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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 |
|---|---|---|---|
| Oct 13, 2019 | No longer available | - | |
| No longer available | |||
| Oct 12, 2019 | Listed | $525,000 | |
| Listed | |||
| | |||
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This GHA Paloma Group 4 bedroom 3.5 bath, residential resort on 14,375 sq. ft. lot which includes the main house, a detached casita, pool and spa to complete the resort atmosphere. This home is located on the end of a quiet cul-de-sac. A granite tile kitchen, walk-in pantry & laundry room, lots of upgraded lighting, including, canned lighting, pendants, under-cabinet and reverse crown moulding lighting. Wood & tile floors, The family room is wired for surround sound. There is exterior lighting, for the front door, patio and garage. A glass mirrored wet-bar. BEST OF ALL, this house includes a FULLY PAID Solar power system generating an estimated 216 kWh; and an energy efficient, pool motor with a variable speed pump. Estimated annual electric bill $800.00. The manager has listed the unit size as 2512 square feet.
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| Oct 9, 2019 | Sold | ||
| Sold | |||
| Jul 18, 2019 | Listed by HomeSmart | $525,000 | |
| Listed by HomeSmart | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017