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81639 Ricochet Way
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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 |
|---|---|---|---|
| Jun 10, 2020 | Sold | ||
| Sold | |||
| Apr 20, 2020 | Listed by Bennion Deville Homes | $694,700 | |
| Listed by Bennion Deville Homes | |||
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Welcome to your Desert Retreat! Located on a South facing premium lot with gorgeous mountain views it' s just under 3,000 SqFt, incl. an attached casita, and it has 3 bedrooms plus den and 3.5 bathrooms. This home has been totally transformed. New Flooring throughout, updated gourmet kitchen with large island, quartz counter-tops, breakfast area, butler's pantry, spacious living/dining room combo with gas fireplace & bookshelves, and a formal dining room currently used as a TV room. The master suite offers a gas fireplace & seating area, a beautifully remodeled bathroom with a standing tub, expanded shower, large walk-in closet, and an exercise room. The detached casita offers a separate entrance, a kitchenette, and an en-suite bathroom. With multiple outdoor spaces, you can escape your busy lives and start enjoying the outdoor desert lifestyle. A courtyard perfect for morning coffee and family dinners, a backyard w/saltwater pool & cascading spa, mountain views to die for, and a sky deck for ultimate sun-soaking during the day or star gazing on a quiet night! No neighbors behind you! Close to the Indio Polo Grounds, PGA West, Old Town LQ restaurants & shops, Thermal Horse Show.
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| Oct 18, 2018 | No longer available | - | |
| No longer available | |||
| Sep 30, 2018 | Listed | $619,900 | |
| Listed | |||
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Welcome to your Rancho Santana desert retreat! This gorgeous property was built by Lennar & offers just under 3,000 sq. ft., 3 bedrooms plus den, 3.5 bathrooms, tile throughout with exception of the bedrooms, ceiling fans & high end shutters, brand new custom paint, & a large formal dining area with adjacent wet bar that opens to your pleasant courtyard with pavers & covered veranda. Enjoy your spacious family room with fireplace which opens to your gourmet kitchen that features granite slab counters, stainless steel appliances, & rich maple cabinetry complete with butler's pantry. The master suite offers cozy fireplace & enormous walk-in closet. Master bathroom has his & hers travertine counters with vanity area, separate soaking tub & shower. Detached casita offers en-suite bathroom & separate entrance. INCREDIBLE south facing PRIVATE yard with salt water pool & spa & mountain views to die for! No neighbors behind you! Escape the world & star gaze on your very own private sky deck! The manager has listed the unit size as 2977 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017