71750 Cholla Way
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 |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by Compass | $995,000 | |
| Listed by Compass | |||
| May 30, 2025 | Price Decreased |
$995,000
↓ $205K
(17.1%) | |
| Price Decreased | |||
| Jan 20, 2025 | Listed | $1,200,000 | |
| Listed | |||
| | |||
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Can you imagine waking up to this view every day? Experience the beauty, serenity and tranquility of Cahuilla Hills in South Palm Desert...rural in feeling, yet just minutes from El Paseo's upscale stores and restaurants, Whole Foods Market, Trader Joes and more! Nestled against the Santa Rosa mountains, property overlooks city lights on 1.11 acres. Surrounded by nature, this amazing private sanctuary is designed to take full advantage of breathtaking views. Open floor plan, split-level home, 1,960 sqft, with 3-bedrooms and 2.5-bath. Custom renovated kitchen features an oversized island & decorative backsplash. Adjacent den (with fireplace) leads to sliding door that invites a lush-feeling, private, fully enclosed backyard. Landscape captures your senses to showcase mountain views while providing the ultimate in entertaining & relaxation areas. Alumawood patio covers provide shade & overlooks inviting Pebble Tec pool. Sweeping deck area perfect for lounging, bird watching & star gazing! Air conditioned 2-car garage. New 10X10 storage shed (also with air conditioning) and a window is privately situated--ideal for a craft studio. Enjoy fragrance from 2 kinds of orange & lemon trees. Property has been updated sensibly by attentive owner. Cahuilla Hills is uniquely situated in the foothills amid multiple hiking trails, between Stone Eagle & Big Horn Golf club. Looking for an enchanting setting featuring true privacy & endless views? You have found it! Call for an appointment to view this exceptional property
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About Riverside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017