134 Vista Royale
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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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | Listed by Coldwell Banker Realty | $1,225,000 | |
| Listed by Coldwell Banker Realty | |||
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Sitting on one of the best view lots in South Palm Desert! Located in the exclusive gated community of Vista Paseo, it features amazing 180 degree views from the home and covered patio looking to the north, west and east. The lot is nearly 14,000 square feet in size with a gorgeous pebble finish pool and spa, lots of natural green grass for your doggie (or grandkids) and towering palm trees. This residence was custom built in 1994 on a lot hand-selected by the only owners who have ever lived there. The home of more than 2,800 square feet has three bedrooms plus an office or fourth bedroom, three baths and was built using the finest materials and craftsmanship. However, most potential buyers will want to completely remodel and update it to today's modern design criteria. If all that wasn't enough, please know that the HOA dues are only $125 per month! Hurry and you can close in time to watch the Fourth of July fireworks in Palm Desert from your new back yard! Vista Paseo is located within walking distance to the shops and restaurants of the famed El Paseo shopping district along with Whole Foods, Trader Joes and three nearby Starbucks!
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017