89 Palm Springs
About This Property
This single story floor plan has no wasted space, so all the rooms appear to be much larger. Some of the standard features: luxury vinyl flooring through out, tankless water heater, engineered zoned AC & heat, quality appliance also includes fridge. Builder build time is approx 3-4 months after the initial approval for the buyer who is able to make personal choices of materials and colors. Great warranties too. Call Cathy or Lindsay to give detailed information.
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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 |
|---|---|---|---|
| Jul 5, 2023 | Sold | ||
| Sold | |||
| May 2, 2022 | Listed by Howard Home RealtyLee Brooks & Associates | $250,000 | |
| Listed by Howard Home RealtyLee Brooks & Associates | |||
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Welcome to Westwsood Shores, Lake Livingston's premier gated waterfront community. Amenities: 18 hole golf course, country club with golf pro shop, bar & restaurant, events center, tennis/pickle ball courts, marina, boat storage, RV park, This builder will be starting several new projects this year, so make a point of visiting to see all the various lots and quality construction. This particular home backs up to the national forest (no back neighbors) and it is on a quiet street, just minutes from all the amenities.
This single story floor plan has no wasted space, so all the rooms appear to be much larger. Some of the standard features: luxury vinyl flooring through out, tankless water heater, engineered zoned AC & heat, quality appliance also includes fridge. Builder build time is approx 3-4 months after the initial approval for the buyer who is able to make personal choices of materials and colors. Great warranties too. Call Cathy or Lindsay to give detailed information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017