80581 Hoylake 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 19, 2021 | Sold | ||
| Sold | |||
| Feb 6, 2021 | Listed by Riviera West Realtors, Inc. | $425,000 | |
| Listed by Riviera West Realtors, Inc. | |||
| Apr 1, 2016 | Sold | ||
| Sold | |||
| Nov 15, 2015 | Listed by HK Lane Real Estate | $355,000 | |
| Listed by HK Lane Real Estate | |||
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Heritage Palm CC is a 55+ community in the Palm Springs area. This contemporary artist home has been totally redone from the slab up and modified from the original Newport 111 model in 2008. Home boast 2 master bedroom suites with their own bathroom and walk in closet,den,eating area,and great room with built in bookcase and large screen TV,plus 2 car attached garage with A/C. Ideal for outdoor living with high wall front court yard and sunny south facing rear patio. HOA is $360/mo and includes maintenance of all of the common area, 24 HR.security, cable TV+internet. The 18-hole championship golf course was designed by Arthur Hills and is one of the finest courses in the valley. Also offered is state of the art fitness center, indoor/outdoor pools+spa,4 lighted tennis courts, pickle ball,pro shop, restaurant,card rooms and much more. There are numerous clubs and activities to get involved. This development is conveniently located to all major cities in the Choachella Valley.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017