7 Big Sioux Road
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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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | Listed by Compass | $4,400,000 | |
| Listed by Compass | |||
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Nestled within the prestigious Big Sioux gated community in Rancho Mirage is this elegant estate that combines an unparalleled blend of luxury and space designed by renowned architect Narendra Patel. Situated on an expansive 1-acre lot, this home boasts 6 bedrooms & 7.25 baths spanning over 7,600 square feet. Upon entering you are greeted by a grand foyer leading to a wealth of amenities including formal living & dining rooms, game room/office & floor-to-ceiling windows. Bathed in natural light the newly remodeled chef's kitchen features a Wolf 6-burner gas stove & grill, Sub Zero refrigerator, double ovens, microwave, warming oven, 2 dishwashers, quartz counters, oversized center island, vinyl wood flooring, bev/wine refrigerator plus breakfast room w/ fantastic western views. The luxurious primary suite offers a spa-like retreat featuring fireplace, dual bathrooms, walk-in closets & new carpeting. There are 3 more spacious bedroom suites in the main house plus a 2 bedroom, 2 bath guest house w/ vaulted ceilings, cedar-lined walls, living area, kitchenette, & stunning stone fireplace. The meticulously landscaped grounds provide an exquisite backdrop for outdoor entertaining, featuring a salt-water pool, raised spa, fire pit, elevated pavilion w/built-in kitchenette, BBQ & pool bath, overlooking the full-sized tennis court with stadium lighting. To top off this estate's magnificence are the unobstructed mountain views and amazing sunsets.
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| May 1, 2015 | Sold | ||
| Sold | |||
| Nov 24, 2014 | Listed by Group Egan, Inc. | $1,750,000 | |
| Listed by Group Egan, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017