78931 Avenue 41
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by Wilson-Meade Commercial Real Estate | $1,950,000 | |
| Listed by Wilson-Meade Commercial Real Estate | |||
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As you drive into this 2+Acre estate you are greeted by a beautiful pond bustling with Koi (30) and Turtles (25). Ducks and Egrets will fly in to cool off and enjoy the quiet serenity of this property. The circular drive takes you to a stately main home (3212 SF ) built in 1989 with a large pool, a detached 3+car garage (1024 SF), 2-bedroom 1 bath guest home (1024 SF) and a large 2400 SF ''shop/office'' in the rear of the property. This building is airconditioned with a kitchen, bathroom and is accessible from the rear of the property. The 2.26 acre, fully fenced and secured property is home to many fruit trees such as; papaya, mangos, mandarins, kumquats, lemons, plums, tangelos, orange, limes, grapefruit, macadamia nut tree and Indio Mandarinquat. All located in the unincorporated area of Riverside County in beautiful Bermuda Dunes, CA. Bermuda Dunes allows for short term vacation rentals.This is truly paradise, perfect family home or use as an income producing investment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017