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48471 Old Stone Trail
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 |
|---|---|---|---|
| Jan 2, 2026 | Listed by Equity Union | $2,809,990 | |
| Listed by Equity Union | |||
| Jun 3, 2023 | No longer available | - | |
| No longer available | |||
| Nov 28, 2022 | Listed by Pacific Sotheby's Int'l Realty | $535,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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One of seven fabulous lots in the exclusive Stone Eagle community just above El Paseo in South Palm Desert. This amazing community is tucked in the Santa Rosa mountains adjacent to the famed Stone Eagle Golf Club. You enter though the guard gate into a beautiful drive through streams, waterfalls, and a sparkling lake. The pool area faces west with unobstructed views of the mountains and is situated on a stream and waterfalls. All this and low HOA's of 460 a month. This lot comes with architectural plans for a 3 bedroom/4 bath home with a bonus room or golf cart garage. Come see this hidden gem and experience the magic that is Stone Eagle.
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| Apr 22, 2022 | No longer available | - | |
| No longer available | |||
| Feb 18, 2022 | In contract | - | |
| In contract | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017