78974 Naranja 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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| May 20, 2024 | Listed by Popular Funding & Real Estate | $390,000 | |
| Listed by Popular Funding & Real Estate | |||
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Home is located in the best 55+ Community in the desert. Home is in great condition; in the front you'll walk through the gated courtyard with beautiful landscaping. Home has tile flooring throughout the house, contemporary baseboard and crown molding throughout. Living room has access to the tile patio, grass turf and many fruit trees. Kitchen has a big and bright bay window, quartz countertops, dishwasher and nice backyard view. Master bedroom has a bay window with tons of light. Both bathrooms were upgraded about 1 year ago with granite counters, custom closets and newer fixtures. The garage has cabinets, a workbench and lots of storage. AC Unit was replaced about 1 year ago. House in good condition.
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| Apr 13, 2021 | Sold | ||
| Sold | |||
| Mar 11, 2021 | Listed by HomeSmart | $339,000 | |
| Listed by HomeSmart | |||
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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