21 Palm Desert Drive
About This Property
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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 |
|---|---|---|---|
| Jan 6, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 21, 2025 | Listed by INNOVA Realty Group | $315,000 | |
| Listed by INNOVA Realty Group | |||
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Welcome to this stunning home in the desirable Rodeo Palms community featuring four generously sized bedrooms two and a half bathrooms and a two car garage The living room showcases beautiful bamboo flooring that adds warmth and elegance while the open layout is filled with natural light The bedrooms feature new carpet providing comfort and a fresh modern feel The home also offers a formal dining area perfect for gatherings and special occasions The primary suite includes a spacious walk in shower creating a relaxing retreat Conveniently located just minutes from Highway 6 this home offers quick access to shopping dining and everyday essentials along with an easy commute to the Medical Center and Downtown Houston Situated in a growing well established neighborhood this property is a fantastic opportunity to own a well maintained home with lasting value
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| Nov 10, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Relisted | $249,999 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017