83866 Wolf Creek Road
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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%.
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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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| May 3, 2023 | No longer available | - | |
| No longer available | |||
| Apr 26, 2023 | Listed by HomeSmart Professionals | $620,000 | |
| Listed by HomeSmart Professionals | |||
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Welcome to the highly desirable secluded gated community of Desert Collection in lovely North Indio. This charming home is super clean and has great curb appeal with an inviting open floorplan featuring a spacious great room with nice high ceilings, crown moldings, plantation shutters, recessed lighting, and an enormous kitchen with tile counters, Whirlpool appliances, and tons of cabinetry & pantry space, a breakfast bar, plus an oversized dining area. The primary bedroom suite is beautiful and the attached bathroom boasts a large soaking tub, separate shower, dual sinks, and an enormous walk-in closet. This home also has a second en suite bedroom with its own full bath, plus there is an additional guest bedroom supported by another full bath. This home also features newer carpeting, a newer pool heater and salt water pool system. Buyers will also appreciate the separate laundry room and a spacious 3-car garage. Entertainer's backyard has a sparkling pool and spa with water features. and a nice firepit conversation area, plus the landscaping is low maintenance. Ideally located near golf, dining, shopping, and casino entertainment. Situated right across the street from the Terra Lago Golf Course and great hiking trails. Buyers will also appreciate that Desert Collection has very low HOA's, no Mello-Roos, and located in the more affordable IID utility district. The manager has listed the unit size as 2273 square feet.
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| Jan 23, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017