78956 Mesa Drive
About This Property
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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 |
|---|---|---|---|
| Mar 27, 2022 | No longer available | - | |
| No longer available | |||
| Feb 9, 2022 | In contract | - | |
| In contract | |||
| Feb 4, 2022 | Price Decreased |
$399,000
↓ $20K
(4.8%) | |
| Price Decreased | |||
| Jan 28, 2022 | Listed by Coldwell Banker Roadrunner | $419,000 | |
| Listed by Coldwell Banker Roadrunner | |||
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The ultimate desert getaway! This Adobe style 3 bed/2 bath, 2,000+ sqft home sits on 5 stunning acres of land with gorgeous panoramic desert & Mountains views. Inside you’ll find the first of three living areas which features tile at the entry, sliding glass doors, warm wood-like laminate flooring and nice high ceilings. The second living room features tile floors, a cut out to the third living area (giving it a true open-concept feel), a tile faced fireplace with a wood mantel and beautiful exposed wood beams. The light, bright and charming kitchen is complete white cabinets, granite counter tops, decorative trim, stainless steel appliances, tile floors and easy access to the indoor laundry area/mud room. The primary suite also features high ceilings, fresh paint and a private full bathroom with an oversized single sink vanity and walk in shower. The 2 additional bedrooms have great closet space and share a full bathroom identical to the primary bathroom. This home has 3 sources of cooling for cost efficiency - central air, evaporative cooling AND mini-splits! Outside you’ll find an oversized detached 4 car garage with more than enough space for you cars, toys and projects. The large lot adorns a grove of Medjool Date Palm trees and ample space for expansion. Not to mention, the property is fully fenced and surrounded by BLM land so it’s perfect for entertaining or relax around a Firepit and enjoy the starry, desert nights. Come take a look and fall in love! The manager has listed the unit size as 2043 square feet.
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| Jan 5, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017