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74334 Zeppelin Drive
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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 |
|---|---|---|---|
| Nov 22, 2021 | Sold | ||
| Sold | |||
| May 17, 2021 | Listed by Coldwell Banker Realty | $759,000 | |
| Listed by Coldwell Banker Realty | |||
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Spacious, pristine and with just about the highest elevation in the development; the 260 degree mountain views are simply extraordinary. Three bedrooms, three baths, a den/media room all surround a bright, airy great room that combines kitchen, dining and gathering area that all look out onto the wonderful outdoor space. The expansive backyard is completely private and surrounded by lush ficus trees. Both water and power are in place for a built-in or free standing spa. Community pool is less than 2 min. walk and there is enough space to build a generous sized pool and still have lots of yard and entertainment space. The home has high ceilings throughout starting with a grand entryway and finishing with 12 foot pitched ceiling in the master suite. All of the landscaping is low maintenance that requires very little attention and water. The home was completed a little over a year ago and has been maintained to the highest standards. It is simply a must see.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017