78161 Suncliff Circle
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 |
|---|---|---|---|
| May 22, 2020 | Sold | ||
| Sold | |||
| Mar 12, 2020 | Listed by Coldwell Banker Realty | $539,000 | |
| Listed by Coldwell Banker Realty | |||
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Back on market, buyer could not qualify for mortgage .
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| Feb 3, 2020 | Sold | ||
| Sold | |||
| Dec 2, 2019 | Listed by Desert Sands Realty | $385,000 | |
| Listed by Desert Sands Realty | |||
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Rare Opportunity for this south facing Morocco floor plan 'with a detached casita' on the golf course. The custom water feature in the front courtyard under the pergola is an ideal area for a quaint seating area and the fenced-in rear yard is a perfect play area for the family pet. The interior has floor tile in all the common areas, window furnishings throughout and ceiling fans in the bedrooms. It is highly recommended to plan a tour as soon as possible as this home will not last long on the market.
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Property Highlights
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About Desert Palms
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$6,000 /mo
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017