80741 Mountain Mesa Drive
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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%.
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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.
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 |
|---|---|---|---|
| Oct 5, 2022 | Sold | ||
| Sold | |||
| Sep 9, 2022 | Listed by HomeSmart | $659,000 | |
| Listed by HomeSmart | |||
| Jun 26, 2019 | No longer available | - | |
| No longer available | |||
| Apr 20, 2019 | Price Decreased |
$325,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Mar 17, 2019 | Listed | $335,000 | |
| Listed | |||
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Desirable central location, Madison Ranch and located close to Coachella Festival Grounds! Fabulous open free flowing floor plan that offers 3 bedrooms and 2 baths. Kitchen upgrades include granite counter tops, custom backsplash, breakfast bar, tile floors, and French doors that lead to front patio. Living room features high ceiling, cozy fire place and views of the pool and spa. Master suite offers a walk-in closet, private master bathroom and direct access to the rear patio. The entertainers back yard includes large concrete patio, pool with elevated spa and mountain views. Don't forget about the great curb appeal, situated on a quiet cul-de-sac, North/South exposure, natural light, private laundry room, No HOA fees, and located Imperial Irrigation District that equals low utility costs. The manager has listed the unit size as 1480 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017