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46075 Verba Santa Drive
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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 9, 2026 | Price Decreased |
$850,000
↓ $49K
(5.5%) | |
| Price Decreased | |||
| Jun 3, 2026 | Listed by KW Coachella Valley | $899,000 | |
| Listed by KW Coachella Valley | |||
| Aug 9, 2025 | Listed | $950,000 | |
| Listed | |||
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Large Back Yard to add Casita or ADU. Potential short term rental income. Nestled against the breathtaking backdrop of the Santa Rosa Mountains, this newly remodeled home offers the perfect blend of modern luxury and desert charm. Just a short stroll from the renowned El Paseo shopping, dining, and entertainment district, this 3-bedroom, 2-bathroom pool home is an oasis. As you enter, you're greeted by a spacious open living and dining area featuring a cozy fireplace, ideal for gatherings or quiet evenings .The upgraded kitchen boasts designer cabinetry, appliances, and fixtures. The thoughtfully designed layout ensures that the three bedrooms are nicely separated from the main living areas, providing a tranquil retreat.The primary bedroom is complete with an ensuite bathroom showcasing a sleek glass shower enclosure and views of the expansive pool and backyard lined with stunning palm trees. The generous outdoor space is a blank canvas, ready for your personal touch--perfect for entertaining or enjoying the serene desert landscape. Plus, there's ample space for RV parking! Palm Desert is renowned for its vibrant amenities, including the McCallum Theater, the Living Desert Zoo, Acrisure Arena, and the International Food & Wine Festivals. Golf enthusiasts will appreciate the nearby Desert Willow Municipal Golf Course, which offers exclusive discounted rates for residents.Don't miss your chance to own a piece of paradise. Call Gina today for your private tour!
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| Apr 9, 2025 | Listed | $835,000 | |
| Listed | |||
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Desert elegance meets modern living in this beautifully updated Palm Desert retreat. Tucked behind a peaceful exterior, this home offers a perfect blend of style and comfort, set against dramatic mountains and graceful palm trees. Inside, light-filled rooms with sleek finishes create an inviting, serene atmosphere, ideal for relaxing or entertaining. The spacious layout includes a thoughtfully designed kitchen and expansive outdoor areas, with great potential to add an ADU for extra income, guests, or multi-generational living. Living in Palm Desert means embracing a lifestyle of recreation and luxury, from world-class golf and spas to upscale shopping and cultural attractions like The Living Desert Zoo & Gardens. Now is your chance to own a piece of this vibrant and elegant community.
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| May 11, 2024 | No longer available | - | |
| No longer available | |||
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About South Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017