47073 Kasbah Drive
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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.
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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 21, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by Bennion Deville Homes | $750,000 | |
| Listed by Bennion Deville Homes | |||
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This sensational 2 bedroom / 3 bath villa is located in the very private gated community of Marrakesh Country Club. A spacious den could easily be converted into a 3rd bedroom with a private entry. Designed by John Elgin Woolf, these little pink palaces are the only authentic Hollywood Regency villas outside the Los Angeles area. With great views of the private18 hole golf course and mountains to the south and east, you are only steps away from one of fourteen community pools and spas and off street guest parking. .The home has many upgrades including a recently added large retractable awning and misters over the rear, south facing patio. The Marrakesh Country Club house is currently undergoing remodeling . It features both fine and casual dining with extraordinary mountain views , a modern fitness center, a fully staffed golf pro shop and much more. Featured in the New York Times, Palm Springs Life, and Luxe Interiors + Design magazine, this is your chance to be part of the Marrakesh lifestyle. Call today for a showing.
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| Jul 16, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2020 | Listed by Coldwell Banker Realty | $515,000 | |
| Listed by Coldwell Banker Realty | |||
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Stunning Hollywood Regency home originally designed by renowned architect John Elgin Woolf, recently redesigned to capture the essence of the luxurious desert lifestyle. A private oasis awaits you as you enter the gate and stroll the generous promenade, clad with lush vines and boxwood hedges. Upon entering the soaring glass paneled front door you are welcomed into the sophisticated home with 10' floor to ceiling glass walls and spectacular southern views of the Ted Robinson designed golf course and Santa Rosa Mountains. This exceptional home offers blissful elegance with every detail perfected. 2 large Master Suites, 3 Baths and a spacious den addition that can easily be transformed into a 3rd Bedroom Suite. Updated kitchen features modern cabinetry, granite, and new stainless appliances. Master Bath includes marble floors and shower surround, custom vanity cabinetry, accented by designer fixtures and wallpaper. The master walk-in closet offers custom shelving, drawers, cabinets, and abundant hanging space. The fabulous community pool is located just steps from your front entry. After your swim, relax on the lovely terrace with a cocktail and marvel at the captivating views!
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| Mar 23, 2017 | Sold | ||
| Sold | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017