84216 Canzone Drive
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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 |
|---|---|---|---|
| Oct 29, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 21, 2021 | Listed by HomeSmart | $650,000 | |
| Listed by HomeSmart | |||
| | |||
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Stunner of a property for sale in the highly sought after community of Terra Lago with no rental restrictions!! This property can be a successful vacation rental . Similar properties in the community generate north of $170,000 yearly in vacation rental income and this listing will do the same or more. This home is being sold fully furnished and it comes with approved pool permits by the HOA and the city of Indio.
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| Nov 4, 2020 | In contract | - | |
| In contract | |||
| Nov 1, 2020 | Relisted | $369,500 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017