47210 Heliotrope 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 |
|---|---|---|---|
| Jun 30, 2023 | No longer available | - | |
| No longer available | |||
| Jun 18, 2023 | In contract | - | |
| In contract | |||
| Jun 11, 2023 | Listed by Pacific Sotheby's Int'l Realty | $1,275,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Debuting to the market is this beautifully updated home being offered furnished, per inventory list. As you step inside, you'll be greeted by a spacious and open great room, with wet bar, fireplace, that's perfect for both entertaining, relaxing with friends and family. Additionally, there's a stunning expansive living-dining combo room with its own fireplace, adorned with new light fixtures, vaulted beamed ceiling, adding elegance and charm to the space. With four large bedrooms, three bathrooms, just under 3,300 square feet, custom shutters throughout, and three car garage. The primary bedroom suite has dual walk-in closets, soaking tub, dual sinks, separate shower. The chef's kitchen features granite countertops and high-end stainless steel appliances, double ovens and ample storage. The outdoor space is equally enticing, featuring a pool and spa for your enjoyment. The meticulously landscaped yard has new LED lighting, further enhancing the ambiance and aesthetics of the property. Other updates and improvements abound, including the painted interior and exterior of the home, including the interior of the garage walls, with new epoxy flooring and two new garage door openers, electrical improvements incorporating new LED lighting in the landscaping, new indoor and outdoor ceiling fans, new baseboards, water heater, new kitchen plumbing fixtures, a water filtration system to name a few. Located South Palm Desert, close to El Paseo, known as the ''Rodeo Drive of the desert. The manager has listed the unit size as 3287 square feet.
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| Apr 28, 2021 | Sold | ||
| Sold | |||
| Feb 19, 2021 | Listed by Windermere Homes & Estates | $860,000 | |
| Listed by Windermere Homes & Estates | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017