47331 Calico Cactus Lane
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%.
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 |
|---|---|---|---|
| Sep 28, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | Listed by Bennion Deville Homes | $995,000 | |
| Listed by Bennion Deville Homes | |||
| May 11, 2021 | Sold | ||
| Sold | |||
| Apr 11, 2021 | Listed by Keller Williams Realty | $749,000 | |
| Listed by Keller Williams Realty | |||
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Amazing location just minutes from El Paseo! Built by highly renowned builder, Lance Christenson. Spacious floor plan with a dramatic floor to ceiling fireplace in the family room. A hushed privacy in the private front yard with plenty of room for a pool along with wonderful mountain views! The home is an entertainers delight with a chef's kitchen. The property is just under 3,000 square feet and has been very well kept. Ample parking behind the gated driveway! A true Shangra La and a desert gem tucked away in the hills in South Palm Desert! (more pictures will be forthcoming)
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About Palm Desert
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Currently no similar homes aroundNearby Rentals
$6,600 /mo
- 3 Beds
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- 2,225 ft²
$6,000 /mo
- 2 Beds
- 2 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017