80778 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%.
How much can I actually make?
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 |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | Listed by Desert Properties Realtors | $539,000 | |
| Listed by Desert Properties Realtors | |||
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Introducing an exceptional real estate opportunity in the highly desired community of Madison Ranch in Indio, CA. This property has been recently remodeled and showcases a modern and updated living space, designed with entertaining in mind! Convenience is key as this home is situated in close proximity to shopping, dining, schools and the polo fields. This property boasts several attractive features including no HOA and short term rental potential. It offers entertainment and leisure activities right at your doorstep, which makes it an ideal location to reside! Whether you're looking for your first home or an investment opportunity, this charming property has everything you could want and more. Don't miss out on this incredible opportunity!
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| Jul 30, 2020 | Sold | ||
| Sold | |||
| Jun 1, 2020 | Listed by Fathom Realty Group Inc. | $343,000 | |
| Listed by Fathom Realty Group Inc. | |||
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Welcome to Madison Ranch! Awesome opportunity to own a home in a very popular part of Indio located in a great community. This home features 3 bedrooms 2 bath with ceramic tile floors through out the home with a fireplace. The rear yard has a built in BBQ/Pizza Oven and a full covered patio great for entertaining. The kitchen features a walk-in pantry, granite countertops, gas appliances and breakfast bar that opens to dining room/living area. Spacious master suite, with a large walk-in closet. Located in a quiet neighborhood with NO HOA fees, and easy access to HWY 111 & Polo Grounds.
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About Indio
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Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219043913DA
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Address: 335 Madison Avenue, New York, NY 10017