82574 Alda 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 |
|---|---|---|---|
| May 6, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | Price Decreased |
$530,000
↓ $30K
(5.4%) | |
| Price Decreased | |||
| Mar 9, 2024 | Price Decreased |
$560,000
↓ $19K
(3.3%) | |
| Price Decreased | |||
| Dec 2, 2023 | Price Decreased |
$578,900
↓ $21K
(3.5%) | |
| Price Decreased | |||
| Oct 22, 2023 | Listed by Keller Williams Realty - La Quinta | $600,000 | |
| Listed by Keller Williams Realty - La Quinta | |||
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Welcome to the Indian Palms CC, where your dream of the perfect desert lifestyle becomes a reality with the Royal Vista Plan 3. Picture yourself enjoying cherished moments with loved ones in this immaculate, sunlit 3-bedroom, 3-bath home overlooking a beautiful greenbelt. This residence has recently received a fresh coat of paint, boasts new carpeting, updated cabinets, & hardware, & is spotlessly clean. Unleash your inner chef in the gourmet kitchen, featuring gleaming new appliances & elegant granite countertops. As you prepare a delectable meal, savor the breathtaking views, & consider firing up the grill for an al fresco dining experience on your private patio. You'll be delighted that the HOA takes care of both front & back landscaping, ensuring a hassle-free lifestyle.
Situated on the historic grounds of the Floyd Odlum - Jacqueline Cochran Ranch, Indian Palms holds a unique place in the desert's history as the first public golf course in the region. The homes and condos were developed between 1980 and 2007, and the Indian Palms golf course was redesigned in 2003.
Indian Palms pampers its residents with remarkably low monthly HOA fees, providing access to five community tennis courts, two pools & rejuvenating spas, a well-equipped fitness center, & the 27-hole Championship golf course. No golf membership is required. Ideally located, offering proximity to dining, shopping, hiking, biking trails, the Acrisure Arena, world-class golf, tennis, & pickleball. The manager has listed the unit size as 2005 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017