49355 Sunrose Lane
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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 |
|---|---|---|---|
| Aug 1, 2022 | Sold | ||
| Sold | |||
| Jun 13, 2022 | Listed by Desert Sotheby's International Realty | $4,500,000 | |
| Listed by Desert Sotheby's International Realty | |||
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Desert contemporary estate on .8 acres with gated long private driveway and porte-cochere.Enter into a stunning wide open interior looking out over a Hollywood style pool to the dramatic mountains beyond. Your own tee box sits high above an Ironwood fairway! Beautiful living room has a rock fireplace, wood lined ceiling and stone floors. Long sit down wet bar overlooks living room and dynamic yard. Family room with fireplace, formal dining room walks out to misted patio and overlooks view. Additional room to use for a pool table or other hobbies. Large kitchen with stainless steel appliances, islands, walk in pantry and plenty of cabinetry. Separate laundry room, bedroom with bath over looking side yard rose garden or could be perfect office space. Large 3 car garage with great storage and pull down ladder to extra storage space above. Separate workshop and/or golf cart garage. Additional outside covered slip for small RV with plug in. Master suite with fireplace and extra large bathroom with sauna, enormous walk in closet, office area, spa tub, double vanities. Two additional guest suites. Owned solar system. Flip a switch at night and light up the mountains while enjoying fire pit, outdoor kitchen and a grand style of living a home like this can provide! Property has been extensively remodeled. Interior pictures are staged, home sold unfurnished.
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| Oct 30, 2020 | Sold | ||
| Sold | |||
| May 27, 2020 | No longer available | - | |
| No longer available | |||
| Nov 23, 2019 | Listed | $3,398,900 | |
| Listed | |||
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Sunrose | Stunning Designed Desert Contemporary Estate on .8-Acre. Enter private driveway to porte-cochere. Inside, a gorgeous wide-open interior, your eyes are drawn to a massive south wall of glass offering amazing pool, patio and mountain views. Dramatic living room with rock fireplace, wood lined ceiling and stone floors. Wet-bar and game room offer additional space to entertain. Family room, a place for relaxation with fireplace and media. Large cooks' kitchen with island, SS appliances, tons of cabinetry and pantry share view. Dining room offers direct patio access and views. Private and spacious view master suite with sitting area, lavish spa bath, double vanities, sauna and over-sized walk-in closet. Two luxurious guest suites, plus office suite. Out back, large misted patio, architectural designed pool, fire-pit, outdoor kitchen and golf -tee await fun, grand entertainment and relaxation. Make evenings extra special, lite up amazing mountain silhouettes at the flip of a switch. This home has undergone extensive remodeling offering grand style living with today's finishes. The manager has listed the unit size as 6020 square feet.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017