2 Desert Lark Circle
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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 |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by Bennion Deville Homes | $4,450,000 | |
| Listed by Bennion Deville Homes | |||
| Jun 12, 2024 | No longer available | - | |
| No longer available | |||
| Sep 27, 2023 | Listed by Bennion Deville Homes | $4,450,000 | |
| Listed by Bennion Deville Homes | |||
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Welcome to Lark 8, a gated custom home collection near Clancy Lane in Rancho Mirage. The property carries forward the communities distinct architecture and organic modern ambiance which is evident the moment you enter the gate. The great room and chef's kitchen are showcased by floor to ceiling windows that stream natural light both during the day and night and highlight the mountain views. The primary suite has large spa bath with soaking tub and beautiful built out closets. The main house features two additional bedroom suites plus den in addition to a generous one bedroom guest house with separate living area and kitchenette. The Control4 home automation system integrates lighting, audio/video, air conditioning, pool controls, and home security with just a touch. In addition superlative mechanicals including solar system and back-up battery and 4-car conditioned garage spaces and Halo5 whole house water filtration system. The architecture and design coupled with majestic mountain views speaks for itself. Estimated completion by June 2024. The manager has listed the unit size as 4679 square feet.
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About Indian Star
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Currently no similar homes aroundNearby Rentals
$7,600 /mo
- 3 Beds
- 2 Baths
- 1,821 ft²
$8,500 /mo
- 3 Beds
- 3 Baths
- 2,136 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017