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78646 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%.
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 |
|---|---|---|---|
| Oct 18, 2026 | In contract | - | |
| In contract | |||
| Oct 14, 2026 | Listed by Compass | $639,000 | |
| Listed by Compass | |||
| Mar 5, 2019 | Sold | ||
| Sold | |||
| Dec 15, 2018 | Listed by Sun City Realty | $424,500 | |
| Listed by Sun City Realty | |||
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This Stunning Marquis model has 12'soaring lighted triple coffered ceilings with wall to wall windows.Open floor plan with two bdrms, 3 bathrooms,den, family room,dining room,living room large utility room, double car garage and golf cart storage.Wood shutters throughout house, new Pergo floor, double entry stained glass doors,fireplace in cozy family room, and newer AC condenser.Master suite has 10' bay windows with large master bath and walk in closet. Separate vanities, private toilet, corner jetted tub and walk in shower.The laundry room has large counter top, sink and storage cabinets.The spacious den has a built in desk and cabinets. The guest bedroom has an ensuite bath sure to spoil your guests. The kitchen has newer appliances, large eating area, breakfast bar and tons of cabinets. The 2 car garage has an extra golf cart storage with a Western Golf cart included. French doors lead out into the large patio with flower retainer.
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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