31
Map
77355 New Mexico 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 |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$529,000
↓ $26K
(4.7%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$555,000
↓ $29K
(5%) | |
| Price Decreased | |||
| Mar 26, 2026 | Listed by Bennion Deville Homes | $584,000 | |
| Listed by Bennion Deville Homes | |||
| Apr 3, 2021 | No longer available | - | |
| No longer available | |||
| Nov 7, 2020 | Listed | $449,900 | |
| Listed | |||
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Here is the perfect family home with great southern exposure and beautiful mountain views. The owner has loaded it with upgrades such as cabinets and counter tops, molded interior doors, recessed lighting throughout, central vac, crown molding, ceiling fans in almost every room, built-in surround sound system with speakers in the living room, master suite, one bedroom and patio, built-in alarm system, built-in BBQ with stovetop griddle, sink and fridge, upgraded ceramic tile floors with travertine inserts in all living spaces, upgraded carpeting, outdoor misting system on the covered patio with ceiling fan, fireplace with custom detail, wood blinds throughout, large master, walk-in closets, oversized sink in the laundry room. Just steps away is the community pool and spa with bathrooms.Palm Desert Country Club is a great public course. Located on a quite cul-de-sac street. This home has everything! Come take a look! The manager has listed the unit size as 1818 square feet.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017