78940 Runaway Bay Drive
About This Property
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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.
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 |
|---|---|---|---|
| Jan 7, 2022 | No longer available | - | |
| No longer available | |||
| Nov 13, 2021 | In contract | - | |
| In contract | |||
| Nov 7, 2021 | Listed by HK Lane Real Estate | $730,000 | |
| Listed by HK Lane Real Estate | |||
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This terrific 4 bedroom 2 bathroom, 2304 sq.ft., home is located on a 12,632 sq.ft. lot at the end of a cul de sac in gated Bermuda Dunes Country Club. True GREAT ROOM floor plan wherein the gourmet kitchen with stainless steel appliances, refinished cabinets, granite slab counters, and breakfast counter bar is open to the living/dining area with cozy fireplace for those cooler evenings. An extra plus is the walk in pantry with freezer!! Spacious primary suite with Texas-sized walk in closet is located at one end of the home for extra privacy. The primary bath has dual sinks, and a separate shower and jetted tub. The very private rear yard is perfect for entertaining with patios off each side of the home, a covered gazebo, sparkling pool and spa, plus built in BBQ. Oversized THREE car garage with split A/C system offers plenty of storage and space for a work area. The HOA of only $209 a month includes internet and cable TV with HBO and Showtime plus 24-hour guarded community. I I D for lower electric, too!! The manager has listed the unit size as 2304 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 23, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017