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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 |
|---|---|---|---|
| Oct 24, 2026 | Listed by Coldwell Banker Realty | $7,500,000 | |
| Listed by Coldwell Banker Realty | |||
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Almost complete-photos 10/28! Commanding an extraordinary elevated setting in The Canyons at BIGHORN Golf Club, this contemporary estate captures sweeping valley, mountain and golf course views, with sparkling city lights by night. Beyond a private gated entry, approximately 7,200 square feet unfolds in a secluded mountainside retreat minutes from El Paseo's celebrated shopping & dining. Soaring ceilings, floor-to-ceiling windows and electronically operated pocketing walls of glass connect the principal entertaining spaces to expansive outdoor terraces. The main residence offers three spacious bedroom suites, a separate game/media room and a versatile office/gym adjoining the primary suite with interior and exterior access. A detached guesthouse provides a living room with fireplace, full kitchen, bedroom & bath. The generous kitchen features premium Dacor & Bosch appliances, an impressive Sub-Zero refrigeration suite with two extra-large upper doors, 2 refrigerator drawers & 2 freezer drawers, plus 3 ovens, a warming drawer, built-in coffee/espresso machine and a substantial island with seating. Adjoining casual dining and family gathering spaces invite relaxed living. A butler's pantry with 2 refrigerator drawers, dishwasher & ice maker, plus a walk-in pantry, supports grand-scale entertaining. The formal dining room adjoins a refrigerated wine room accommodating more than 450 bottles. A gracious living room and sit-down wet bar with ice maker, beverage refrigerator and lounge seating provide elegant gathering spaces. The game/media room offers its own bar with ice maker and beverage refrigerator, valley views and direct pool-terrace access. The primary suite enjoys breathtaking down-valley views, dual walk-in closets and a spa-inspired bathroom with dual toilets, dual sinks, a dual shower and a fireplace. The adjoining office/gym offers convenient access to the front entrance. Outdoors, cascading waterfalls and tranquil water features complement a resort-style pool with swim-up bar, sunken barbecue area and separate spa. Covered living and dining terraces with an outdoor fireplace invite afternoons and evenings framed by mountain silhouettes and twinkling city lights. Six fireplaces, five air-conditioning units and two separate two-car garages providing four garage spaces complete this exceptional estate. Contemporary architecture, remarkable privacy and panoramic scenery unite within BIGHORN, one of the desert's most renowned private golf communities.
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| Mar 9, 2025 | Listed | $7,795,000 | |
| Listed | |||
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Nestled in The Canyons at Bighorn this exceptional estate offers an unrivaled blend of privacy, panoramic views & contemporary architecture. Perched high on the mountainside, this recently renovated residence enjoys ultimate seclusion, capturing expansive 180-degree+ views of the valley floor & surrounding mountains & yet is only minutes away from shopping & restaurants. Spanning approximately 7,200 square feet, this stunning home is designed to elevate the lifestyle of the discerning buyer. Featuring 4 spacious bedrooms, 4.5 bathrooms, an office/gym off of the primary suite, a game/media room, and a detached 2-room guest casita,. Every very space is designed with both elegance and functionality in mind. The home's expansive living areas boast ultra high ceilings and flow seamlessly into the outdoors. Every room invites nature's beauty in with floor-to-ceiling windows framing breathtaking vistas of the surrounding mountains & golf course. The heart of the home is the grand family kitchen, equipped with top-of-the-line Dacor appliances, including three ovens, a warming drawer, two sinks, and a large island with seating, complemented by a generous dining & seating space. An adjacent butler's pantry with a walk-in pantry are perfect for those large parties, while a formal dining room, gracious living room, adjacent wine cellar holding 450+ bottles & a sit-down wet bar are perfect for entertaining . The luxurious primary suite is a true sanctuary, featuring 2 fireplaces--one in the bedroom and another in the spa-like bathroom--along with dual walk-in closets and private gym or office space. For guests, the detached two-room casita provides an intimate retreat, complete with its own cozy living room & fireplace. The residence is designed to offer unparalleled relaxation & entertainment options. Multiple water features and a sensuous pool meander through the landscape, while a separate spa invites you to unwind under the stars with the city lights twinkling below. Enjoying the stunning views from inside or out with floor-to-ceiling windows that fold away. With 5 fireplaces, 5 ac units & desertscape blending into the surroundings this home offers an experience unlike any other. With its contemporary architecture, meticulously curated design, & unmatched privacy, this home provides the ultimate in luxury living within one of the most prestigious country clubs in the world. Club & golf membership is separate & should be discussed with the Membership Director.
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| Mar 8, 2024 | Sold | ||
| Sold | |||
| Dec 1, 2023 | Listed by Bighorn Properties, Inc. | $5,650,000 | |
| Listed by Bighorn Properties, Inc. | |||
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| Jun 4, 2019 | No longer available | - | |
| No longer available | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017