74386 Fairway 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 |
|---|---|---|---|
| Jul 12, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by Capitis Real Estate | $550,000 | |
| Listed by Capitis Real Estate | |||
| | |||
|
NO HOA! 4 bedroom house in beautiful South Palm Desert CA is ready to become a cozy home. It is in the Preferred Admission Area of the sought after Washington Charter Elementary School. Local Middle School, Palm Desert High School and College of the Desert are a short drive away. Also near by is the world famous El Paseo Shopping District known for its amazing shops and restaurants. Beautiful local mountain hiking trails are also minutes away and easily accessible as well as The Living Desert Zoo and Gardens. Just a few of the may things the City of Palm Desert has to offer. Home is being offered *AS IS*
| |||
| May 19, 2014 | Sold | ||
| Sold | |||
| Dec 18, 2013 | Listed by Desert Estates Realty | $249,000 | |
| Listed by Desert Estates Realty | |||
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About Panorama Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017