79480 Fred Waring Drive
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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 |
|---|---|---|---|
| Mar 23, 2021 | Sold | ||
| Sold | |||
| Dec 24, 2020 | Listed by Coldwell Banker Realty | $549,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to your gated desert compound on the 4th tee of this classic golf course. Upon entering this sprawling 2,650 square-foot, four bedroom, three bath home, you are greeted by a sunken living room with wood vaulted ceilings and an elegant rock fireplace. Centrally located, the open kitchen is the heart of the home with slab granite countertops, bright white cabinets and bar seating. Adjacent to the kitchen you will find a sunken bar area and a game room with views of the backyard oasis. The impressive master suite features a romantic fireplace and views to the outdoor living space and golf course. Other highlights of this home include a large entry courtyard, beautiful wood flooring and custom gates and doors. Venture outside to your resort-like backyard with a sparkling pool, a hot tub, a custom water fountain, three large covered patio areas and an attached casita! Situated on a large lot with mature fruit trees, this custom home includes low HOA fees and is located less than a mile from the Indian Wells Tennis Garden and Polo Grounds with proximity to shopping and all major grocery stores. This property is a great value and would make a great vacation home or primary residence.
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| Mar 18, 2020 | No longer available | - | |
| No longer available | |||
| Nov 14, 2019 | Price Decreased |
$590,000
↓ $9K
(1.5%) | |
| Price Decreased | |||
| Sep 19, 2019 | Listed | $599,000 | |
| Listed | |||
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Welcome to your private, gated Custom Contemporary Desert Compound on the 4th Tee of the Bob Hope Lake Golf Course with the only residential swim-up bar in the valley! This sprawling 2,650 sf ranch home features custom gates and doors, wood flooring, a sunken living room with wood vaulted ceilings, solar tubes, rock fireplace, game room, sunken bar and central kitchen with slab granite countertops, 4 bedrooms and 3 bathrooms. The master suite also features its own fireplace and views of the outdoor living space, pool and golf course. This home is on a large 12,500 sf lot with over 50 mature trees and fruit trees. The outdoor space features a large 25'x35' pool with hot tub and custom dolphin water fountain, 3 large covered patio areas and a large entry courtyard. This property is grandfathered for RV parking and motorcycles. Sellers have spent over $199,000 in upgrades. This property is a great value and would make a great vacation home The manager has listed the unit size as 2650 square feet.
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About Bermuda Golf Club Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017