74211 Peppergrass Street
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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 |
|---|---|---|---|
| Mar 12, 2021 | Sold | ||
| Sold | |||
| Jan 23, 2021 | Listed by Redfin Corporation | $575,000 | |
| Listed by Redfin Corporation | |||
| Apr 27, 2015 | Sold | ||
| Sold | |||
| Mar 8, 2015 | Listed by Bennion Deville Homes | $304,000 | |
| Listed by Bennion Deville Homes | |||
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Unique Mid-Century 3BR+den/office; 2BA home that has been updated & remodeled! Enjoy South facing yard w/pool/spa, covered patio + patio area for sunning & mountain views! Living rm w/fireplace open to remodeled kitchen w/breakfast bar & to formal dining rm w/2 sliding doors to backyard. 2BRs share a hall bath. Added oversized 1BR/1BA casita w/kitchenette w/French doors to backyard. Inside laundry rm; circular driveway; large 1 car garage w/direct access to home, workshop, storage area & 1/2 bath + extra gated side parking area for cars, camper or boat. Retextured ceilings; ceiling fans; lots of large neutral tile flooring diagonally laid; newer carpeting in 2 BRs, wood-like flooring in casita; remodeled kitchen; updated baths, lighting, windows & exterior doors, color coat stucco exterior, furnace, A/C, water heater, garage door w/opener; newer pool w/raised spa, large patio area & more! Fabulous location close to Washington Charter School & fabulous El Paseo shopping & dining!
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About South Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017