35863 Matisse 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 15, 2026 | Listed | $847,500 | |
| Listed | |||
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An elegant and highly desirable residence awaits in the peaceful gated community of The Gallery, perfectly situated on a premier corner lot. This central within community location provides enhanced security and a serene environment, free from the distractions of heavy road noise. With a spacious 2,792 square feet, the thoughtfully designed floor plan includes two luxurious master suites, a full size third bedroom, a dining room, and a generous den or office. The spacious great room, complete with a cozy fireplace, is the heart of the home and an ideal space for entertaining. Culinary enthusiasts will appreciate the chef's kitchen, which features granite slab countertops, Maple Shaker cabinets, stainless steel appliances, and under-cabinet lighting. Quality finishes abound throughout, from the 20x20 floor tile to the custom plantation shutters, creating a cohesive and enjoyable living space. The exterior boasts beautifully low maintenance landscaping, allowing more time for enjoying the desert lifestyle. The expansive 13,000+ square-foot corner lot offers ample space for you and your family to enjoy the beauty and tranquility your back yard has to offer, create your personal desert oasis. Additionally, a full three-car garage provides plenty of room for vehicles, storage, and hobbies. This exceptionally clean and move-in-ready home presents an extraordinary opportunity for refined living within a superb, central community location, all complemented by low HOA fees unheard of in such a well maintained community.
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| Oct 9, 2025 | Listed | $847,500 | |
| Listed | |||
| | |||
|
An elegant and highly desirable residence awaits in the peaceful gated community of The Gallery, perfectly situated on a premier corner lot. This central within community location provides enhanced security and a serene environment, free from the distractions of heavy road noise. With a spacious 2,792 square feet, the thoughtfully designed floor plan includes two luxurious master suites, a full size third bedroom, a dining room, and a generous den or office. The spacious great room, complete with a cozy fireplace, is the heart of the home and an ideal space for entertaining. Culinary enthusiasts will appreciate the chef's kitchen, which features granite slab countertops, Maple Shaker cabinets, stainless steel appliances, and under-cabinet lighting. Quality finishes abound throughout, from the 20x20 floor tile to the custom plantation shutters, creating a cohesive and enjoyable living space. The exterior boasts beautifully low maintenance landscaping, allowing more time for enjoying the desert lifestyle. The expansive 13,000+ square-foot corner lot offers ample space for you and your family to enjoy the beauty and tranquility your back yard has to offer, create your personal desert oasis. Additionally, a full three-car garage provides plenty of room for vehicles, storage, and hobbies. This exceptionally clean and move-in-ready home presents an extraordinary opportunity for refined living within a superb, central community location, all complemented by low HOA fees unheard of in such a well maintained community.
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| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 25, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed | $492,500 | |
| Listed | |||
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This BEAUTIFUL home shows like a new and is inside the gated community of The Gallery. Highly upgraded and offers two Master suites, a full-size third bedroom, Dining Room-Den/Office and a very large Great Room. This lovely home includes a chef's kitchen featuring granite slab counter tops, under cabinet lighting, Maple Shaker cabinets and Stainless Appliances. All this sits on 20 X 20 floor tile. And there are Plantation Shutters throughout, ceiling fans, upgraded carpet in the bedroom and Custom paint. All this rounds out this 2792 Sq. Ft. home. It also boasts a full three car garage and sits on a 13,000+ corner lot which has ample room for the pool of your dreams. This home is exceptionally clean, very gently lived in and is move in ready. Don't miss this home; it will not last long before someone is lucky enough to make it their very own. The manager has listed the unit size as 2792 square feet.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017