504 Paragon Loop
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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 |
|---|---|---|---|
| Oct 24, 2025 | Listed | $899,000 | |
| Listed | |||
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Experience the epitome of Palm Springs living at ICON, an exclusive gated enclave of newer construction, striking mid-century inspired homes just moments from the vibrant Uptown Design District. This sophisticated two-level residence has been thoughtfully upgraded with designer finishes and high-end amenities, offering a seamless blend of style, comfort, and convenience. The open-concept great room showcases soaring ceilings, flowing effortlessly to a private backyard retreat with custom landscaping, Pebble Tec saltwater pool, spa, and outdoor shower ideal for both serene relaxation and elevated entertaining. Inside, two upstairs bedroom suites each enjoy spa-like bathrooms, generous walk-in closets, and private balconies, while a third bedroom and full bath on the main level provide flexible living options. The chef's kitchen boasts Bosch appliances, counter seating, and custom finishes, perfectly integrated into the dining and living spaces. Luxury continues throughout with an LG washer/dryer, Sonos sound system, smart-home features including Nest thermostat, security system with door cam, custom window coverings, and upgraded flooring. An owned Tesla solar system and two-car garage prewired for EV charging further enhance the home's efficiency and convenience. Perfectly situated, ICON is within a short distance of Palm Canyon's renowned restaurants, bars, and galleries, with downtown Palm Springs, the Aerial Tramway, hiking trails, and Agua Caliente Casino just minutes away. With fee-simple ownership (you own the land) and 30-day minimum rental flexibility, this residence represents a rare opportunity to own a modern sanctuary in one of Palm Springs' most coveted communities.
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| Aug 27, 2025 | Listed | $899,000 | |
| Listed | |||
| | |||
|
Experience the epitome of Palm Springs living at ICON, an exclusive gated enclave of newer construction, striking mid-century inspired homes just moments from the vibrant Uptown Design District. This sophisticated two-level residence has been thoughtfully upgraded with designer finishes and high-end amenities, offering a seamless blend of style, comfort, and convenience. The open-concept great room showcases soaring ceilings, flowing effortlessly to a private backyard retreat with custom landscaping, Pebble Tec saltwater pool, spa, and outdoor shower ideal for both serene relaxation and elevated entertaining. Inside, two upstairs bedroom suites each enjoy spa-like bathrooms, generous walk-in closets, and private balconies, while a third bedroom and full bath on the main level provide flexible living options. The chef's kitchen boasts Bosch appliances, counter seating, and custom finishes, perfectly integrated into the dining and living spaces. Luxury continues throughout with an LG washer/dryer, Sonos sound system, smart-home features including Nest thermostat, security system with door cam, custom window coverings, and upgraded flooring. An owned Tesla solar system and two-car garage prewired for EV charging further enhance the home's efficiency and convenience. Perfectly situated, ICON is within a short distance of Palm Canyon's renowned restaurants, bars, and galleries, with downtown Palm Springs, the Aerial Tramway, hiking trails, and Agua Caliente Casino just minutes away. With fee-simple ownership (you own the land) and 30-day minimum rental flexibility, this residence represents a rare opportunity to own a modern sanctuary in one of Palm Springs' most coveted communities.
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| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Nov 11, 2021 | In contract | - | |
| In contract | |||
| Oct 21, 2021 | Listed by HomeSmart | $799,000 | |
| Listed by HomeSmart | |||
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Welcome to ICON a recently developed gated community of mid-century inspired modern, stylish homes a few blocks from the Palm Springs uptown district. This home has it all! Upgraded, luxuriously appointed two level home, mountain views, with 2 upstairs bedroom en suites -- each with a covered balcony and walk-in closet -- and another bedroom (or office) and full bath downstairs. The open-concept living/dining/kitchen area overlooks the backyard with custom landscaping, pebble tec - salt water pool, spa and outdoor shower. Complete with kitchen counter seating, Bosch stainless steel appliances, LG washer/dryer, Sonos sound system, security system, door cam, Nest thermostat, custom window coverings and updated flooring. Owned Tesla solar system; two car garage prewired for EV charging. You are just an easy walk down North Palm Canyon to uptown restaurants, bars and entertainment. Nearby to the Aerial Tramway and hiking trails. A short jaunt to downtown Palm Springs shops, entertainment and the Agua Caliente Casino. You own the land; minimum 30 day rental. Some furnishings are available for sale as well. Call listing agent for an appointment to view. The manager has listed the unit size as 1738 square feet.
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About Palm Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017