56
Map
58 Sutton Place E
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 |
|---|---|---|---|
| Sep 28, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Listed by Coldwell Banker Realty | $1,039,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 17, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | Listed by The Agency | $1,025,000 | |
| Listed by The Agency | |||
| | |||
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Welcome to your dream home nestled in prestigious Belmonte Estates that far exceeds other homes in the community. Corner lot with expansive mountain views, privacy hedges, well-manicured landscape, large pool and spa, and mature citrus trees. Located on a generous quarter-acre lot, featuring a meticulously designed layout with 4 bedrooms (including a separate casita), an office, a laundry room, and 3.5 baths. The Renewal by Anderson double pane windows and French doors ensures a tranquil, temperature-controlled environment. Entertain in style with the expansive living and dining areas, where high ceilings and large windows invite natural light and views of the lush backyard. The chef's kitchen, with its granite countertops, GE Profile appliances, and ample storage, opens to a cozy family room featuring a corner gas fireplace and built-in entertainment center. The primary suite is a haven of relaxation, with a walk-in closet, ensuite bathroom boasting dual sinks, a large walk-in shower, and direct access to the backyard oasis. Here, a Pebble Tec saltwater pool & spa, built-in gas BBQ, and covered patios with ceiling fans and misters create the perfect setting for entertaining or serene evenings under the stars. Additional luxuries include a three-car garage with custom flooring and storage, an Onkyo audio video control tuner amplifier with a speaker system, a built-in floor safe, fully landscaped front yard and gated courtyard that sets the tone for this exquisite property.
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| Feb 24, 2017 | Sold | ||
| Sold | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017