75306 Palm Shadow Drive
About This Property
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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%.
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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.
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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 22, 2022 | Sold | ||
| Sold | |||
| May 26, 2022 | Listed by KUD Properties, Inc. | $1,100,000 | |
| Listed by KUD Properties, Inc. | |||
| Jan 29, 2020 | No longer available | - | |
| No longer available | |||
| Dec 18, 2019 | Listed | $648,900 | |
| Listed | |||
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Palm Shadow | Quality indoor-outdoor lifestyle living. Situated in the heart of Indian Wells, this home was built in 1965 with clean modern lines. Expansive open floor-plan, living room with fireplace and adjacent den/office plus bonus room, all overlooking patios and pool. Large open kitchen is the hub, with direct access to most living spaces, including covered patio and expansive interlocking-paver deck with kidney shape pool. Beautiful, lush landscaping provides serenity and privacy. Inside there are three bedrooms, master en-suite with direct pool access. This home shows well. Informal HOA dues of only $60.00 per year. The manager has listed the unit size as 2200 square feet.
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About Rancho Palmeras Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017