78747 Cimmaron Canyon
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 27, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed | $490,000 | |
| Listed | |||
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Stunning Monaco floor plan offered as a short sale~this plan features a grand entrance to the front door with a peaceful fountain. Once entering the home you'll be delighted with soaring ceilings and 8ft. sliding glass doors to view the fabulous golf course and lake on the south facing course. The backyard patio has a gorgeous pond with waterfall to enjoy on a quiet, desert night along with an alumawood cover on the semi-private patio. Large, open kitchen with island in the great room. This home has the extended 2nd master suite with it's own French doors. Large laundry area with sink that comes with the washer/dryer and extra counter-space. Don't wait on this one~it won't last! The manager has listed the unit size as 2515 square feet.
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| Feb 3, 2018 | Listed by Windermere Homes & Estates | $490,000 | |
| Listed by Windermere Homes & Estates | |||
| Jul 29, 2017 | Listed | $568,000 | |
| Listed | |||
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WOW!!! 20,000 Price Reduction!!!! Very UNIQUE Location--Absolutely gorgeous Estate model fully EXTENDED Monaco with Stunning SOUTH facing Golf Course and Lake Views PLUS Protected Privacy Area. Nice curb appeal with private, gated courtyard. Enter home to soaring ceilings,bright and cheery Living Room/Great Room with view through wall of 8 ft. sliding glass doors to patio. Rear yard features a covered patio plus extended Alumawood awning and large raised rock waterfall/fountain creating a truly serene and perfect area for a relaxing nap or entertaining with family and friends. Kitchen has large island and breakfast bar, maple cabinets, Den has built in media center. Large Master suite with French doors to rear patio, dual vanities, bathtub, shower, walk in closet with organizing system. The 2nd master (attached casita) has French doors to courtyard. 3rd bedroom can be used for office/den. Powder bath has custom closet. Laundry room extended. Extended garage plus cart garage too! The manager has listed the unit size as 2515 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017