78220 Desert Mountain 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%.
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 |
|---|---|---|---|
| Jul 28, 2023 | No longer available | - | |
| No longer available | |||
| Jun 17, 2023 | Listed by Equity Union | $729,000 | |
| Listed by Equity Union | |||
| | |||
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INTERIOR PHOTOS COMING SOON - INTERIOR BEING PAINTED AT THIS TIME. SHORT TERM RENTAL pool & spa property, ready for AirBnB/VRBO now! No rental restrictions, nor expensive home owners dues. Located in the unincorporated community of Bermuda Dunes. This Sedona collection home boasts genuine Santa Fe styling inside & out. Home has new roof, new AC, and freshly painted interior. Low maintenance desert-scaping out front and HUGE back yard with tons of space for entertaining (or add a casita / ADU). 3 bed / 2 bath open concept living floorplan with tall ceilings, beaming natural light. Close to world-class attractions such as Acrisure Arena (Coachella Firebirds arena AND concert venue!), Coachella and Stagecoach Music Festivals at Empire Polo, Indian Wells Tennis Garden, The PGA AmEx Tourney, Old Town La Quinta, El Paseo Shopping District, & much more. Make this rare short-term rental opportunity your next home today! The manager has listed the unit size as 2149 square feet.
| |||
| Mar 20, 2015 | Sold | ||
| Sold | |||
| Jan 29, 2015 | Listed by HK Lane Real Estate | $385,000 | |
| Listed by HK Lane Real Estate | |||
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About Bermuda Dunes
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,700 /mo
- 2 Beds
- 2 Baths
- 1,864 ft²
$6,000 /mo
- 3 Beds
- 2 Baths
- 1,280 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017