1
Map
47493 Marrakesh Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 21, 2022 | Sold | ||
| Sold | |||
| Mar 12, 2022 | Listed by Coldwell Banker Realty | $695,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Welcome to the exclusive Marrakesh Country Club with its classic Hollywood Regency architecture! Originally designed by John Elgin Woolf, architect of a new style of luxury in Hollywood in the 1950s and 1960s, this beautiful villa offers gorgeous Western mountain views and a private setting on the lush greenbelt. Recently renovated and customized with striking black and white porcelain tile floors, iconic Scalamandre zebra wallpaper, wonderful laminated goat skin cabinets and Turkish stone counters in the kitchen. The luxurious well-appointed bathrooms feature glass showers, stone counters and indirectly lighted mirrors. The extra spacious Master Suite has a generous walk-in closet. The tall double doors greet you into the large living room and an adjacent dining area with direct patio access for an exceptional indoor-outdoor desert resort living experience. Perfectly situated close to the clubhouse and saltwater pool. Club amenities include golf and a year-round calendar of fabulous dining and other social events, such as Friday Happy Hours, exclusive Wine Dinners and a variety of Holiday Celebrations. Marrakesh was designed to be special and to distinguish itself from other desert golf clubs. Located just minutes away from the famed El Paseo with world-class shopping and dining and within close proximity to the McCallum Theater for extraordinary performing arts experience and the world-renowned Indian Wells Tennis Gardens. This wonderful home is a rare find and a MUST SEE!
| |||
| Jun 5, 2020 | Sold | ||
| Sold | |||
| Nov 5, 2019 | Listed by Coldwell Banker Realty | $359,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Stunning example of a lovingly reimagined Hollywood Regency designed residence created by the renowned architect John Elgin Woolf. This gorgeous 2 bedroom / 2 bath home is very conveniently located close to the main entry and clubhouse. If offers incredible mountain views over a lush greenbelt. The large living room / dining room area offer an open concept floor plan with soaring ceilings. Just completed renovation showcases a brand new interior with amazing laminated goat skin cabinets and Turkish stone counter tops in the kitchen. All brand new (unused) appliances. The luxurious custom tile finishes throughout are truly something to behold. The beautifully appointed baths have amazing tile, stone counters and indirect lighted mirrors. New heating and air conditioning installed in 2017. Club amenities include an 18 hole executive golf course, 14 pools, tennis, fitness center and an active clubhouse offering fine dining.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,000 /mo
- 3 Beds
- 2 Baths
- 2,534 ft²
$7,000 /mo
- 2 Beds
- 2 Baths
- 1,512 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017