78562 Waterfall Drive
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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 |
|---|---|---|---|
| Feb 11, 2020 | Sold | ||
| Sold | |||
| Nov 29, 2019 | Listed by Berkshire Hathaway HomeServices California Properties | $309,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Rarely on the market, this Orrefors model is ready to go. This Sun City Palm Desert gem features two bedrooms, two baths with home features that include tile and carpet floor covering, ceiling fans and upgraded appliances. Dual fireplaces in living room and family room. This north/south facing property features low maintenance landscape features for easy, efficient care. Patio features include a portable BBQ and above ground spa. SCPD amenities include two Billy Casper designed golf courses, three clubhouses with restaurants and exercise facilities, tennis, pickle ball, bocce ball and over 80 social clubs and more. If you get bored here it's your own fault.
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| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Sold | ||
| Sold | |||
| May 29, 2018 | Listed | $310,000 | |
| Listed | |||
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Orrefors Model With Great Curb Appeal Lush Astro-Turf In Front & Rear Yard, The Rear Yard Features Cool Northern Exposure, With Extended Patio And Patio Cover Across Entire Rear Of Home, Jacuzzi, BBQ. Ceramic Tile In Entry. Master Suite With Bay Window & Walk In Closet. Family Room With 2 Way Fireplace Between The Living Room And Family Room, Guest Bedroom, 2 Full Baths, 2 Car Garage. The manager has listed the unit size as 1544 square feet.
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About Desert Palms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017