78974 Alliance Way
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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 |
|---|---|---|---|
| Jul 30, 2021 | Sold | ||
| Sold | |||
| Jun 17, 2021 | Listed by Coldwell Banker Realty | $529,000 | |
| Listed by Coldwell Banker Realty | |||
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Sun City Palm Desert- Monaco. Sitting on one of Sun City's preeminent streets, this estate model home has a private north facing rear yard with an extended flagstone patio, desert landscaping, raised planters and peekaboo mountain views. A gated courtyard and double door entry provides curb appeal. Inside, there are 12ft ceilings in the greatroom and foyer; 10ft ceilings elsewhere. The greatroom has a double slider to the rear patio. The kitchen has a large island with breakfast bar, granite tile counters, double wall ovens, cabinets with pullout shelves, under cabinet lighting and a skylight. Raised panel maple cabinetry is in the kitchen, bathrooms and laundry room. The master suite has a bay slider and large walk-in closet. The master bathroom has dual sinks, a stall shower with glass enclosure and an oversized tub. There are two guest suites. One bathroom has a shower/tub; the other has a stall shower. Tile surfaces are in all bathrooms. The extended laundry room has a utility sink & abundant storage. The extended 2 plus golf cart garage has built-in storage.
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| Jun 1, 2018 | Sold | ||
| Sold | |||
| Nov 22, 2017 | Listed by Bennion Deville Homes | $399,000 | |
| Listed by Bennion Deville Homes | |||
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About Desert Palms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017