72440 Cactus Drive
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 |
|---|---|---|---|
| Jul 28, 2025 | Listed | $625,000 | |
| Listed | |||
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Centrally located in the heart of Palm Desert. This 3 Bedroom 3 Bath home offers a fantastic opportunity for investors or Buyers looking to customize their dream property. Just minutes from College of the Desert, shopping, dining and highway 111, the location is unbeatable.The home features a private pool, generous living spaces, and tons of potential.
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| Jul 23, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Bennion Deville Homes | $525,000 | |
| Listed by Bennion Deville Homes | |||
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Palm Desert Home located close to College of the Desert, McCallum Theater, El Paseo, Shopping Mall, Restaurants and Services.Three Bedroom Two Bath Main House with attached Guest Quarters (4thBedroom) with Bathroom. Double Pain Widows and Doors throughout. Pool in backyard with Pool Heater. Central Air Conditioning and Evaporative Cooler as well. Two Car Attached Garage in front of property. Property is Occupied. Shown by Appointment only!
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| Sep 30, 2020 | Sold | ||
| Sold | |||
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About Desert Paradise
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,250 /mo
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$6,950 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017