46060 Shadow Mountain 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%.
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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 |
|---|---|---|---|
| Nov 8, 2023 | No longer available | - | |
| No longer available | |||
| Sep 15, 2023 | In contract | - | |
| In contract | |||
| Jun 3, 2023 | Listed by Bennion Deville Homes | $899,000 | |
| Listed by Bennion Deville Homes | |||
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Location, location, location. This home is located in the heart of Palm Desert and is right up the street from the luxurious shops and restaurants of El Paseo, several hiking trails, and tennis/pickle ball courts. Surrounded with breathtaking Mountain views, this extraordinary residence presents a harmonious blend of timeless elegance and contemporary sophistication, offering a lifestyle of unparalleled luxury. The expansive living spaces feature an abundance of natural light, creating an inviting ambiance that seamlessly connects the indoors with the outdoor paradise that awaits.This home includes large-sized bedrooms and bathrooms, offering comfort and privacy for family members or visiting guests. Step outside to discover a true haven for outdoor living. The patio, manicured landscaping, and sparkling swimming pool create a resort-like atmosphere, perfect for entertaining. *Furnished per inventory list.* The manager has listed the unit size as 2219 square feet.
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| Apr 27, 2022 | Sold | ||
| Sold | |||
| Mar 15, 2022 | Listed by Bennion Deville Homes | $821,000 | |
| Listed by Bennion Deville Homes | |||
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Welcome Home!... to this Beautiful 3 Bedroom, 3 Bath home in South Palm Desert. Just a half mile from the Shops and Restaurants on El Paseo, this home boasts Designer Upgrades, a Sparkling Pool, Low-maintenance Landscaping, Granite Kitchen Counter Tops, Ceiling Fans, in every bedroom, recessed Lighting, newer Carpet and Flooring, newer Paint and so much more. With it's Proximity to all the Fun the Desert has to Offer.. this home is ideal for a Full-time Resident, Investor or Snowbird.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017