75965 Armour Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 23, 2022 | Sold | ||
| Sold | |||
| Jul 4, 2022 | No longer available | - | |
| No longer available | |||
| Jul 4, 2022 | Listed by RE/MAX Desert Properties | $889,000 | |
| Listed by RE/MAX Desert Properties | |||
| | |||
|
AMAZING VIEWS! Centrally located with southwest exposure, Sunterrace welcomes you to this desirable gated community in Palm Desert. From the moment you drive up, you will notice the clean and attractive curb appeal with artificial grass, mature trees and a bed of river rocks flowing through it. Once inside the double door entry, you are greeted with panoramic mountain views and a large family room that overlooks the backyard, with a salt water pool, and spa. This home offers two living spaces great for entertaining with family and friends. The kitchen has new stainless steel appliances, double ovens and a spacious pantry. The large master suite has it all; dual vanities, large shower, soaker tub, updated flooring and a HUGE walk-in closet. The entire back of the house has new Milgard slider doors and windows, and the dual AC unit and hot water heater were recently replaced. The backyard is a completely private desert oasis in itself with an extended alumawood covered patio, barbecue island, and fire pit area that are all surrounded by mature landscaping. The two-car plus golf cart garage comes with high-end cabinetry and a workbench for all your storage needs. With low HOAs, this conveniently located community is close to El Paseo, restaurants, shops, golf, and tennis... Along with easy access to La Quinta, Rancho Mirage, freeways and so much more.
| |||
| Jun 18, 2022 | Price Decreased |
$970,000
↓ $15K
(1.5%) | |
| Price Decreased | |||
| Jun 10, 2022 | Price Decreased |
$985,000
↓ $15K
(1.5%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
- 3 Beds
- 3 Baths
- 2,697 ft²
$8,500 /mo
- 3 Beds
- 3 Baths
- 2,813 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017