40669 Meadow Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 1, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Apr 4, 2025 | Listed by Keller Williams Realty | $725,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Desert Retreat with Pool & Tiki Bar! No HOA & Owned Solar! Welcome to your perfect desert sanctuary! This stunning 3-bedroom, 3-bathroom pool home in Palm Desert offers an open floor plan with clean lines, sleek concrete floors, and abundant natural light. Step outside to your private outdoor paradise, complete with a sparkling pool, spa, and a custom-built tiki bar ideal for entertaining or relaxing under the desert skies. Located in a prime area near El Paseo, Bristol Farms, and Cotino, Storyliving by Disney community, this home is both tranquil and conveniently situated. Best of all, you own the land, it's furnished, and the property includes fully owned solar for energy efficiency. Don't miss this incredible opportunity to own a modern desert escape in one of Palm Desert's most sought-after locations!
| |||
| Sep 23, 2020 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,600 /mo
- 3 Beds
- 2 Baths
- 1,821 ft²
$6,500 /mo
- 3 Beds
- 2 Baths
- 1,921 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017