50229 Paseo Barcelona
About This Property
Inside, the bright open-concept floor plan is thoughtfully designed with high-end tile and wide plank luxury vinyl flooring, recessed lighting, expansive living spaces, and an abundance of natural light throughout. Every detail has been carefully curated to create a seamless blend of comfort, style, and functionality.
At the heart of the home is a stunning contemporary kitchen featuring sleek custom cabinetry, stainless steel appliances, generous prep space, and an oversized center island that opens effortlessly to the dining and living areas-perfect for entertaining large groups or hosting intimate gatherings. The stylishly furnished living room creates a warm yet upscale atmosphere, with all furnishings included in the sale for a completely turnkey experience.
Step outside to a true private resort oasis showcasing one of the largest pools in the area, paired with a spa, ambient lighting, lush privacy landscaping, and low-maintenance artificial turf. Designed to impress, the expansive backyard delivers the ultimate indoor-outdoor lifestyle with multiple lounge areas, outdoor dining, BBQ station, fire pit, putting green, and dedicated entertainment spaces that feel like your own private luxury resort.
Adding even more value is the fully transformed garage game and entertainment lounge, thoughtfully designed to maximize recreation and guest enjoyment. The garage also features dual stacked washer-and-dryer sets along with its own mini-split A/C system, creating a comfortable year-round environment and a highly functional setup ideal for larger groups, frequent turnovers, and seamless short-term rental operation.
Whether you are searching for a luxury primary residence, an upscale second home, or a proven short-term rental investment, this newer construction property offers the perfect combination of modern luxury, lifestyle, and exceptional earning potential. A truly standout opportunity in one of the desert's most sought-after vacation destinations.
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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 23, 2026 | Price Decreased |
$999,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Decreased |
$1,099,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Jun 9, 2026 | Listed by The Group Realty | $1,149,000 | |
| Listed by The Group Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017