79264 Rose Dawn
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.
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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 15, 2020 | Sold | ||
| Sold | |||
| Jul 13, 2020 | Listed by The Locklear Group | $299,000 | |
| Listed by The Locklear Group | |||
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This beautiful and spacious 3 BR, 2 BA home is located in the much desired gated 55+ development of Watercolors, featuring high ceilings, an open great room floor plan with cozy granite tile fireplace, spacious kitchen with granite counters and breakfast bar.Slider in great room has access to oversized side patio with plenty of gardening space. Watercolors is a 55+ age and income qualified community offering low maintenance living, community pool & spa and a clubhouse. Conveniently located near shopping and dining.This property carries a $48,000 silent second with the La Quinta Housing Authority and you must meet the moderate-income requirements. Total purchase price including silent second is 299,000. Down payment must be 3% of 299,000 and loan amount is based on 251,000 minus the 3% down payment. Great price for a great home. Living in the La Quinta, the Gem of the Desert for under 300K is a steal! Call for details.
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About Santa Rosa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017