81347 Forest Drive
About This Property
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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 22, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by KW Coachella Valley | $515,000 | |
| Listed by KW Coachella Valley | |||
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This is your opportunity to own an exceptional investment property tailored for Airbnb income generation! Welcome to your dream property in the heart of Central Indio, designed for short-term rentals and profitable investment!This remarkable residence features 4 spacious bedrooms, 2 bathrooms, and a fabulous backyard oasis complete with a dazzling pool and spa, constructed just 2 years ago. Imagine the appeal this property has for vacationers seeking a luxurious getaway!Step inside to discover the converted garage, now a fantastic game room that guests will love. This versatile space is perfect for entertaining or providing additional entertainment options, making your rental stand out.The prime location of this home is a key asset, attracting both short-term and long-term renters alike. The proximity to local attractions ensures a steady stream of potential guests, contributing to a lucrative income flow. Say goodbye to pesky HOA fees; this property is free from homeowner association restrictions, allowing you complete freedom in your investment decisions.Take advantage of this rare find in Central Indio--seize the chance to invest in your future by owning a property that generates income! Reach out to learn more details and schedule a viewing today!
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| Apr 18, 2022 | Sold | ||
| Sold | |||
| Mar 7, 2022 | Listed by Re/Max Desert Properties | $360,000 | |
| Listed by Re/Max Desert Properties | |||
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Home has so much charm with its brick style curb appeal. It has an extended driveway long enough for any work truck or desert toy. Two car garage is detached by a cute breezeway that leads to the back yard. The backyard has 2 long concrete covered patio areas. This home has updated windows and glass slider. A/C unit is also only a few years old. Tile flooring throughout the house. Great layout with a separate formal dining room. All 4 bedrooms are a good size and both bathrooms have been updated. Great starter home or investment property. Short term rental friendly.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017