78557 Cimmaron
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2023 | No longer available | - | |
| No longer available | |||
| Dec 6, 2023 | In contract | - | |
| In contract | |||
| Nov 29, 2023 | Relisted | $569,900 | |
| Relisted | |||
| Nov 14, 2023 | In contract | - | |
| In contract | |||
| Sep 29, 2023 | Listed by Real Living Prime Properties | $569,900 | |
| Listed by Real Living Prime Properties | |||
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This is Sun City's most popular model home- Morocco w/casita, 3 bedrooms, 3 full bathrooms & den with a separate casita. This home is near the 16th tee and close by to the Lake View Clubhouse. As you enter past the private gate, to the right is the lovely courtyard with a fountain. The private casita features french door entry, kitchenette, and a full bathroom with a step in shower. Entering the main house is this beautiful great room then to your left is this upgraded kitchen with contemporary quartz counter tops w/back splash, upgraded appliances, a spacious island and breakfast nook, from the kitchen you over look the dining area with a view of the lovely landscaped backyard area. The private backyard features a covered patio. Off the great room you enter through double doors to the den/office with a view of the backyard area. You enter the primary suite through double doors, with bay windows, the suite bathroom has 2 vanity sinks, a step in shower, a soaking tub and a walk-in closet. The guest room has a full bathroom. The home features plantation shutters and ceiling fans through out the home. There is 2 car garage with room for golf cart. Sun City Palm Desert is nationally renowned active adult community with golf courses, pools, clubhouses, tennis courts, pickle ball courts restaurants and club The manager has listed the unit size as 1922 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017