2197 Jacques 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 |
|---|---|---|---|
| Aug 22, 2025 | Listed | $2,699,777 | |
| Listed | |||
| | |||
|
Discover the perfect blend of luxury, versatility, and stunning mountain views at this newly built estate in Palm Springs. Set on a generous 13,939 sq ft lot, this beautifully designed property features a total of 6 bedrooms and 5.5 bathrooms across three distinct living spaces — ideal for multi-generational living or income potential.
The main residence offers 3 spacious bedrooms and 2.5 bathrooms with an open-concept layout, high ceilings, and designer finishes throughout. A chef’s kitchen with sleek cabinetry, premium appliances, and an oversized island flows effortlessly into the living and dining areas, creating the perfect space for entertaining or everyday comfort.
An attached junior ADU includes 1 bedroom and 1 bathroom, complete with its own private entrance, offering privacy for guests, in-laws, or tenants. A separate detached ADU features 2 bedrooms and 2 full bathrooms, also with its own dedicated entrance, making it an excellent option for rental income or extended stays.
Outside, enjoy a true resort-style setting with a sparkling pool, lush landscaping, and panoramic mountain views that capture the magic of Palm Springs living.
Whether you’re looking for a luxury home with guest accommodations, a profitable investment property, or your own private retreat, 2197 Jacques Dr offers endless possibilities in an unbeatable location.
| |||
| May 27, 2025 | Listed | $2,799,888 | |
| Listed | |||
| | |||
|
Discover the perfect blend of luxury, versatility, and stunning mountain views at this newly built estate in Palm Springs. Set on a generous 13,939 sq ft lot, this beautifully designed property features a total of 6 bedrooms and 5.5 bathrooms across three distinct living spaces — ideal for multi-generational living or income potential.
The main residence offers 3 spacious bedrooms and 2.5 bathrooms with an open-concept layout, high ceilings, and designer finishes throughout. A chef’s kitchen with sleek cabinetry, premium appliances, and an oversized island flows effortlessly into the living and dining areas, creating the perfect space for entertaining or everyday comfort.
An attached junior ADU includes 1 bedroom and 1 bathroom, complete with its own private entrance, offering privacy for guests, in-laws, or tenants. A separate detached ADU features 2 bedrooms and 2 full bathrooms, also with its own dedicated entrance, making it an excellent option for rental income or extended stays.
Outside, enjoy a true resort-style setting with a sparkling pool, lush landscaping, and panoramic mountain views that capture the magic of Palm Springs living.
Whether you’re looking for a luxury home with guest accommodations, a profitable investment property, or your own private retreat, 2197 Jacques Dr offers endless possibilities in an unbeatable location.
| |||
| Aug 9, 2023 | Sold | ||
| Sold | |||
| Mar 27, 2023 | Listed by RE/MAX Desert Properties | $699,999 | |
| Listed by RE/MAX Desert Properties | |||
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About Racquet Club Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017