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77070 Florida Avenue
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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.
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 |
|---|---|---|---|
| Nov 14, 2022 | Sold | ||
| Sold | |||
| Sep 22, 2022 | Listed by Desert Sotheby's International Realty | $699,000 | |
| Listed by Desert Sotheby's International Realty | |||
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This is a true mid-century modern home, perfectly turnkey furnished and rarely available in Palm Desert Country Club. This dream home was built in 1965 and has been lovingly cared for ever since. It's been updated with FULLY OWNED SOLAR and Smart Technology from the pool to the exterior security. Clerestory windows make this home light and bright and the high vaulted and beamed ceilings maximize the open feeling. It's a classic layout with three bedrooms, two baths floor plan opening to the front patio and the back patio / pool area in the back. An updated kitchen with extra cabinetry, newer finishes, bring a calm stylish feeling to the interior, and the exterior is pool and BBQ areas are perfect for enjoying your own type of ''Palm Springs Weekend.'' The property's well-manicured yard has tasteful desert scape throughout and situated on the 15th Tee on the Public 18 hole, par 72 regulation course with double-wide fairways. The Country club includes an American pub-style food and drinks Restaurant, community pool, banquet room and more for Low HOA annual dues.Make this beautiful home your best investment yet, or simply use it as your own private personal oasis. Come see it today!
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| Sep 18, 2019 | Listed by Desert Sotheby's International Realty | $359,000 | |
| Listed by Desert Sotheby's International Realty | |||
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FOR COMPARISON PURPOSES ONLY
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| Dec 3, 2015 | Sold | ||
| Sold | |||
| Oct 19, 2015 | Listed by Vine Property Group, Inc. | $299,000 | |
| Listed by Vine Property Group, Inc. | |||
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Light and bright, pristine pool home on the golf course with mountain view just $299,000! This midcentury 3BR/2BA home, designed for entertaining, has nice open floor plan that invites friends and family to circulate easily from the front patio, through the home, then out though great room French doors to backyard patio and pool. Kitchen with black appliances and extra cabinets on back side of island opens to great room with dining space, fireplace, glass front shelving unit and wall of French doors to backyard pool and VIEW! Just inside the front door is a 2nd conversation spot, perfect for club chairs and a coffee table. New laminate wood floors in all main living spaces; bedrooms are carpeted. Master bedroom suite (bath with large shower) has French doors to back patio. BR 2 has door to enclosed front patio. BR 3 has cute functional built in. Hall bath has tub over shower configuration. Laundry room with lots of storage. Low ANNUAL HOA dues- $330 yr due each Jan. (Buyer to verify.)
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017