71581 Halgar Road
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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 |
|---|---|---|---|
| Nov 21, 2025 | Price Decreased |
$1,650,000
↓ $100K
(5.7%) | |
| Price Decreased | |||
| Oct 6, 2025 | Listed | $1,750,000 | |
| Listed | |||
| | |||
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Set beneath the Santa Rosa Mountains in sought-after Magnesia Falls Cove, this beautifully remodeled Mid-Century Modern gem blends timeless design with today's luxury comforts. Offered fully furnished and turnkey, this 3-bedroom, 2-bath home is ideal as a primary residence, desert retreat, or proven investment (consistently renting for $13,500/month in the high season). The light-filled great room features open-concept living with porcelain tile floors, a statement fireplace, and walls of glass with Hunter Douglas electronic shades. The sleek chef's kitchen showcases custom cabinetry, Dekton countertops, high-end appliances, and a large eat-in island. Entertaining is effortless - pass cocktails and appetizers through the kitchen window to the outdoor bar or relax by the fire pit beneath a shaded patio. The primary suite opens directly to the resort-style backyard with pool, spa, and stunning mountain views. Its en suite bath includes dual vanities and a designer-tiled shower. Two oversized guest rooms share a modern bath with a skylight and floor-to-ceiling tile. Outside, enjoy true desert living with a sparkling pool featuring waterfall details, a natural gas fire pit, citrus trees, and a new sun sail for shaded lounging.Additional highlights include: owned solar system for energy efficiency, air-conditioned & tiled two-car garage, smart home controls for lighting, music, and climate. A rare opportunity to own a designer-remodeled Mid-Century home in the heart of Rancho Mirage - perfect for living, vacationing, or investing in the desert lifestyle.
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| Aug 2, 2022 | Sold | ||
| Sold | |||
| Apr 23, 2022 | Listed by KUD Properties, Inc. | $1,600,000 | |
| Listed by KUD Properties, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017