178 Kiva Drive
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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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2023 | Listed by HomeSmart | $3,487,000 | |
| Listed by HomeSmart | |||
| | |||
|
Welcome to Bighorn Golf Club, the most exclusive private club in the Coachella Valley. Perfectly elevated on the 16th fairway of the Mountains Course, this property embodies luxury living at its finest. The backyard was expanded with a lot line adjustment and custom built modern infinity pool, turf backyard and lush landscaping. Enjoy breathtaking sunrises with east facing mountain and golf course views. The main house features a formal living and dining room, kitchen and family room area, four bedrooms and four bathrooms. Outside the front courtyard is an added private casita, featuring a full en-suite bedroom on the first level and a movie theater and kitchenette downstairs, complete with full bathroom. Enjoy a spacious layout of close to 5000 sq ft of living space. Solar system is owned. Bighorn Golf Club boasts two golf courses for its members and has exclusive luxury amenities with an impeccable reputation of service standards. Welcome home to the Bighorn lifestyle.
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| Jul 26, 2023 | No longer available | - | |
| No longer available | |||
| Feb 25, 2023 | Price Decreased |
$4,610,000
↓ $387K
(7.7%) | |
| Price Decreased | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017