78307 Arbor Glen Road
About This Property
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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 |
|---|---|---|---|
| Aug 24, 2022 | Sold | ||
| Sold | |||
| Jun 11, 2022 | Listed by Desert First R.E. | $785,000 | |
| Listed by Desert First R.E. | |||
| Apr 7, 2021 | Sold | ||
| Sold | |||
| Mar 6, 2021 | Listed by HomeSmart | $589,000 | |
| Listed by HomeSmart | |||
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Located in the best 55+ Community in the valley, this popular St. Tropez model is also called the 'party house'. When you enter this luxurious home, you notice the 12 foot ceilings, huge picture windows, tile throughout, and the unique entertaining wet bar with a fridge and inviting bar stools. Then your eyes pull you toward the spa-like backyard with a crystal clear, conditioned, Pebbletech lap pool, and soothing spa. The chef's kitchen has granite slab, double oven, pull outs throughout house, an island and is open to the dining and living rooms, perfect for entertaining or just enjoying a good dinner and a movie in front of a roaring fireplace. The kitchenette opens out to the awesome backyard for afternoon BBQ's and cocktails. The Master bedroom has a French door out to the beautiful pool/spa and the bathroom is fabulous with a dual vanity and make up station. The master closet has a custom closet system and has room for everything. The guest bedroom is bright and has a full bathroom. The den is a perfect space for an office or guest room and is close to the powder bath in the hall. The laundry includes the washer and dryer and has lots of storage cabinets. The 2 car garage has a separate golf cart garage, a full house and pool water conditioner, and ample storage cabinets. The entire property has a nice concrete overlay that looks super classy. This home is not going to last long, so hurry to take a look.
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About Desert Palms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,300 /mo
- 2 Beds
- 2 Baths
- 1,632 ft²
$6,000 /mo
- 3 Beds
- 3 Baths
- 2,938 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017