40632 Pine Grove
About This Property
Designed with functionality and entertaining in mind, the home features spacious living and dining areas filled with natural light, a fully equipped kitchen, and an inviting open-concept layout perfect for everyday living or hosting guests. A versatile loft area offers additional flex space and can easily function as a game room, office, lounge, or optional 5th bedroom.
The expansive primary suite serves as a peaceful retreat with a private en-suite bathroom and relaxing soaking tub, while the additional bedrooms are generously sized for family, guests, or work-from-home needs.
Step outside to enjoy true indoor-outdoor desert living with a spacious backyard offering endless potential for entertaining, lounging, or creating your own private oasis.
Conveniently located near world-famous Coachella Valley attractions including golf courses, shopping, dining, hiking trails, SilverRock Resort, The Living Desert Zoo and Gardens, and Joshua Tree National Park, this exceptional property delivers the very best of the desert lifestyle with incredible flexibility and income potential.
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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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| May 26, 2026 | Listed by Coldwell Banker Hallmark | $699,000 | |
| Listed by Coldwell Banker Hallmark | |||
| Jun 23, 2023 | Sold | ||
| Sold | |||
| Feb 17, 2023 | Listed by Desert Sotheby's International Realty | $625,000 | |
| Listed by Desert Sotheby's International Realty | |||
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Enjoy the ultimate large family home in the beautiful gated community of Sonora Wells! Spread out and enjoy the expansive spaces throughout both levels of this home and into the over-sized backyard. Your perfect place to host pool parties, family gatherings and everyday fun awaits! Incredibly spacious on each floor with just under 3,000 sq ft, 4 bedrooms and 3 bathrooms plus a great bonus upstairs loft. Your family can be creative with play rooms, gaming areas, school and work spots and great separate TV watching zones! The seller is completing fresh paint, tile and baseboards. Sonora Wells is known for being family friendly with several park areas, ammenities and community events throughout the year. Call today to view this home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017