80733 Spanish Bay
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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 |
|---|---|---|---|
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Sep 3, 2023 | Listed by California Lifestyle Realty | $1,880,000 | |
| Listed by California Lifestyle Realty | |||
| Jul 15, 2021 | Sold | ||
| Sold | |||
| Jun 17, 2021 | Listed by Compass | $1,395,000 | |
| Listed by Compass | |||
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Beautiful Southern Mountain vistas abound in this Spanish Bay Desert Retreat home on the 11th fairway of the Nicklaus Tournament featuring approximately 3285 sq ft, 3 bdrms, 3.5 baths including a two room private guest casita for entertaining family and friends. Over $200k in improvements done including: built in speakers + Sonos w/ hardwired wifi, LED lighting, 2 recent Trane Variable speed drive A/C units w/ air purification system, cabinets and epoxy flooring in garage w/ FloLogic Leak Detector & Culligan filtration system. Dramatic glass doors slide back to open the great room/kitchen to the outside. The granite island kitchen is a chef's delight w/ Cambria countertops and Wolf & Sub Zero appliances. extra bonus room for den/office. The master bedroom suite has a dual sided fireplace and luxurious marble bath. Step outside into a private lushly landscaped backyard with lagoon style pool/spa with cascading water. Offered furnished per inventory.
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| Oct 21, 2015 | Sold | ||
| Sold | |||
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About PGA West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017