78875 Champagne Lane
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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 |
|---|---|---|---|
| Sep 21, 2022 | No longer available | - | |
| No longer available | |||
| Sep 20, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2022 | In contract | - | |
| In contract | |||
| Jul 30, 2022 | Price Decreased |
$499,000
↓ $21K
(4%) | |
| Price Decreased | |||
| Jun 24, 2022 | Listed by Keller Williams Realty | $520,000 | |
| Listed by Keller Williams Realty | |||
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A beautiful Jensen plan built on a South facing lot to 1695 SF (EST.) in Sun City Palm Desert. South facing is the most sought-after direction in the desert because the warm winter sun is present on your patio all season -perfect for enjoying stunning sunsets and gorgeous twilight skies!-There is a cut-glass entry door, a combination of tile, carpet and wood flooring, plantation shutters on windows, designer paint on walls and fans on soaring ceilings. Many of the rooms have transom windows high above regular windows that flood the home with additional cheerful natural light. This home features two bedrooms, two baths and a den/office with double doors that could easily be converted to a third bedroom. The guest bedroom and bath are across the home from the master suite for maximum privacy. The eat-in kitchen has a nook with a view, a real skylight, stainless steel appliances and a stool height bar; all open to the great room and formal dining room which have vaulted ceilings. A spacious master suite has a stylish bay window, dual vanities, glass enclosed shower and mirrored walk-in closet. The garage has a finished floor, evaporative cooling and storage. The patio was extended beyond the covered portion with an added patio deck & Alumawood cover. Space here for a pool & spa. The manager has listed the unit size as 1695 square feet.
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About Desert Palms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,800 /mo
- 2 Beds
- 2 Baths
- 1,172 ft²
$3,900 /mo
- 3 Beds
- 2 Baths
- 1,930 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017