74305 Covered Wagon Trail
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 |
|---|---|---|---|
| Jun 29, 2020 | Sold | ||
| Sold | |||
| Jun 8, 2020 | Listed by Bennion Deville Homes | $499,000 | |
| Listed by Bennion Deville Homes | |||
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Located on one of the most desirable streets in South Palm Desert, this Mid Century ranch style home sits on an oversized lot that backs up to the prestigious Vintage Club. The open and bright floor plan has a dual sided fireplace for enjoyment from the dining area or great room. The abundance of natural light via the sliding glass doors brings the lush outdoors in and seamlessly blends the coveted indoor - outdoor living vibe. The large backyard has an oversized pool and offers a park like setting. There is a large 2 car garage, and even room for RV parking! The master suite has a nice walk in closet and access to the outdoors. A nicely redone kitchen will make entertaining a breeze! This is a fantastic opportunity to own a Solar equipped home in one of the desert's best school districts! Just a mile or so from El Paseo shops and restaurants, this home is waiting for you to enjoy!
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About Deep Canyon Ranch
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,250 /mo
- 3 Beds
- 2 Baths
- 2,534 ft²
$7,000 /mo
- 2 Beds
- 2 Baths
- 1,512 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017