77290 Michigan 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 |
|---|---|---|---|
| Aug 17, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed by Windermere Homes & Estates | $290,000 | |
| Listed by Windermere Homes & Estates | |||
| | |||
|
Do not miss this opportunity to own a gem in Palm Desert Country Club! This is a 4 bedroom PLUS bonus room SOLAR home, with interior offering cool to the touch tile floors, newer carpet in the bedrooms, upgraded water heating system delivering INSTANT hot water, new kitchen cabinets and hardware, energy efficient dual pane windows and sliding doors, in addition to an upgraded programmable digital thermostat.
| |||
| Oct 24, 2018 | No longer available | - | |
| No longer available | |||
| Sep 26, 2018 | Price Decreased |
$279,000
↓ $6K
(2.1%) | |
| Price Decreased | |||
| Sep 21, 2018 | Price Increased |
$285,000
↑ $6K
(2.2%) | |
| Price Increased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017