74261 Aster 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 |
|---|---|---|---|
| Apr 14, 2019 | No longer available | - | |
| No longer available | |||
| Mar 10, 2019 | Listed | $265,000 | |
| Listed | |||
| | |||
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Calling all investors! Charming fixer in the heart of Palm Desert. Property is located just steps away from Sacred Heart and in close proximity to El Paseo, Westfield Shopping Mall, community parks and great schools. House sits on a massive 10,000 square foot lot with room for potential pool and spa. Property was used as a rental and seller wants it sold! Bring all offers! The manager has listed the unit size as 1040 square feet.
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| Nov 26, 2014 | Sold | ||
| Sold | |||
| Oct 11, 2014 | Listed by The Duncan Group | $182,500 | |
| Listed by The Duncan Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017