77655 California 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 |
|---|---|---|---|
| Mar 25, 2023 | No longer available | - | |
| No longer available | |||
| Feb 18, 2023 | In contract | - | |
| In contract | |||
| Feb 10, 2023 | Price Decreased |
$475,000
↓ $14K
(2.9%) | |
| Price Decreased | |||
| Jan 27, 2023 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Jan 13, 2023 | Listed by Reason Real Estate | $499,000 | |
| Listed by Reason Real Estate | |||
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Welcome to 77655 California a Mid Century inspired Home. As you enter the front door you are greeted by new fixtures and an open floor plan. Waterfall quartz countertops are a highlight of the remodeled kitchen. This 3 bedroom 2 bathroom home features an Ensuite Bathroom in the owners Bedroom. The lighting has been changed to LED and all outlets and plugs have been replaced. New flooring and tile throughout. With a separate laundry room and walk in pantry there is great space in this house. New landscaping enhances the large backyard and covered patio. Furniture available outside of escrow if desired. The manager has listed the unit size as 1330 square feet.
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Property Highlights
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About Palm Desert
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$3,800 /mo
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$3,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017