83795 Avenue 58
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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2023 | Listed by Desert Pacific Properties | $1,639,000 | |
| Listed by Desert Pacific Properties | |||
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A rare 29-acre Date Ranch nestled near many high-end country clubs such as Andalusia, PGA West, and Madison Club & The Coachella Music Festivals. 1 1/4 miles west of Jacqueline Cochran Regional Airport and the Desert International Horse Park. Abundant and affordable Coachella Valley Water District (CVWD) irrigation water, one of the lowest water rates in California. In Opportunity Zone, providing potential tax incentives. Build your own private estate in a wonderful, open country atmosphere, but close to amenities and shopping. One-half mile to the acclaimed Rancho Polo Equestrian Facility.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017