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75645 Painted Desert 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 |
|---|---|---|---|
| Oct 14, 2022 | Sold | ||
| Sold | |||
| Sep 9, 2022 | Listed by Desert Sotheby's International Realty | $1,195,000 | |
| Listed by Desert Sotheby's International Realty | |||
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Timeless, traditional home in a community of custom homes the heart of Indian Wells with no HOA. A custom gate opens to comfortable courtyard. Once inside, high ceilings and lots of windows allow for light and Southern views of mountains and backyard pool and spa. A tall green hedge adds to the privacy of the back entertaining and relaxing space. Rooms flow into one another and include large living room with fireplace and wet bar, dining room close to kitchen, den/office off central hallway. Saltillo tile throughout provides a warmth and adds to the charm. Furnished per written inventory. Three car garage. Residents of Indian Wells have the advantage of discounts at the Indian Wells golf course and various restaurants in the town. Also two tickets to the Indian Wells tennis tournament.
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About Indian Wells
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Currently no similar homes aroundNearby Rentals
$2,100 /mo
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$8,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017