888 Fire Dance Lane
About This Property
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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.
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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, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $1,025,000 | |
| Listed | |||
| | |||
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Views!!! Location!!! Popular great room floor plan. This home has it all. The Ocotillo 1 is one of the most popular floor plans in Indian Ridge providing wonderful views from the great room and master bedroom. Highly elevated above multiple lakes & fairways with stunning mountain views. Large patio complete with a private waterfall spa, gas fire pit and built-in BBQ overlooks one of the best views in the club. The great room is complete with a sitting area open to the gourmet kitchen with breakfast nook. Granite counters, custom built-ins and comfortable, casual furnishings make this home a delight. Just off the foyer is the formal dining room and wet bar. Cabinets have all be refinished to a warm rich tone, a new entertainment has been added in the great room, tall baseboards have been added. This is a must see and offered furnished per inventory. The manager has listed the unit size as 3082 square feet.
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| May 9, 2016 | Listed by Bennion Deville Homes | $1,025,000 | |
| Listed by Bennion Deville Homes | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017