75280 Inverness 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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 26, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed | $595,000 | |
| Listed | |||
| | |||
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Highly sought after Turnberry plan home, offering three bedrooms and baths including the detached casita. The home overlooks the 17th fairway and green at Desert Horizons CC. Beautifully furnished and in pristine condition, this fine home has many upgrades and improvements. Just a great package, offered furnished. The manager has listed the unit size as 2644 square feet.
| |||
| Mar 30, 2018 | Listed by Desert Sotheby's International Realty | $595,000 | |
| Listed by Desert Sotheby's International Realty | |||
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About Indian Wells
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017