75615 Dempsey 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%.
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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.
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 26, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | Listed by Brad Schmett Real Estate Group | $799,900 | |
| Listed by Brad Schmett Real Estate Group | |||
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RARE FIND! This remarkable residence offers both eco-consciousness & financial savings opportunities! NO HOA FEES! Plus, Seller states NO ELECTRIC BILLS (based on Seller's specific power usage) courtesy of the OWNED 39-panel solar system. Nestled against a stunning S. Mtn. backdrop, this EXQUISITELY UPGRADED (approx. $110,000 Seller expense) 3BD, 2 BA home spans 2,247 sq. ft., offering an oasis of relaxed desert living. With an open floor plan, vaulted ceilings, & fresh, light & bright paint throughout, this residence radiates comfort & charm. Unwind by the fireplace in the great room or retreat to the refreshing pool/spa area complete w/ a charming gazebo. You'll find indoor laundry room w/ storage, while the garage boasts ample built-in storage cabinets. Revel in the array of NEWER UPGRADES, including an OWNED $60,000 solar system (39 panels), interior & exterior paint, ceiling fans in every room & garage, elegant window shutters, updated electrical system, refreshed ventilation system w/ replaced vents, water softening system, a 5-camera outdoor security system w/ Ring door bell, an epoxy garage floor w/ lifetime warranty, renewed stone detailing on the home's facade & mailbox, meticulously landscaped grounds w/ an automated irrigation system, side gates securing the property perimeter, a refreshing outdoor shower adjacent to the pool/spa area, a newer pool filter, Kool Deck encircling the pool/spa for comfort & aesthetics, and multi-hued pool/spa lighting for ambiance.
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| Apr 29, 2022 | Sold | ||
| Sold | |||
| Mar 11, 2022 | Listed by Bennion Deville Homes | $725,000 | |
| Listed by Bennion Deville Homes | |||
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This fabulous family home is located in Palm Desert. Excellent location & convenient to everything. Shop El Paseo with high end stores, delicious restaurants & everything Palm Desert has to offer! Enter through the beautiful double door entry & into this desert retreat. Enjoy the 3 spacious bedrooms, 2 full baths & approx. 2250 sq. ft. of casual desert living. Soaring ceilings create a spacious feeling in the home. Painted in neutral tones w/ceiling fans, newer water heater, water filtration system for soft water, solar power, newer carpet in bedrooms & stunning wood like flooring. The great room has a corner tiled gas & wood fireplace that is adjacent to the kitchen. The spacious kitchen has light wood cabinets & a wraparound breakfast bar for casual dining including a formal dining area. This lovely home is light & bright! The primary suite is private & offers a huge walk-in closet. The primary bath has a soaking tub & stall shower. Entertain in the wonderful yard with sparkling pool & spa, custom tile and cool decking around the entire pool. Surrounded by panoramic south facing mountain views. Indoor laundry room with plenty of storage. The garage has built-in storage cabinets. A must see!
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| Apr 2, 2020 | Sold | ||
| Sold | |||
Property Highlights
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017