72734 Skyward 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%.
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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.
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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Jan 1, 2025 | Listed by Compass | $1,099,000 | |
| Listed by Compass | |||
| Feb 13, 2024 | No longer available | - | |
| No longer available | |||
| Feb 9, 2024 | Listed by Desert Prop - Coachella Valley | $1,295,000 | |
| Listed by Desert Prop - Coachella Valley | |||
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So. Palm Desert Masterpiece w/Mountain & Valley Views! No HOA's & in the Washington Charter School District. Extensive remodel (2019) makes this property completely turnkey. During remodel, some interior walls were removed to improve the flow of the home, providing spectacular mountain views. Top of the line doors and windows were installed and expanded. The back yard and pool deck area, as well as the spacious and bright family room provide awesome views and incredible natural light. The Master bedroom retreat opens to the backyard patio with fruit trees. The second bedroom in front of the home is over-sized with attached bathroom - great for guest. The spacious kitchen includes upgraded quartz counter tops, tile floors, and with tons of storage along with newly upgraded top-of-the line appliances. Beautiful living room/dining room combination that opens to patios is perfect for entertaining. Entire home is serviced by a water softener system. The kitchen also has a reverse osmosis system and Instant hot water. All new high end ceiling fans, custom recessed canned lighting throughout home. Separate laundry/work room w/ new top of the line washer/dryer. Pool was sandblasted in 2022, & the entire back patio & pool deck were just resurfaced (over $45k). The grounds are low maintenance desert landscaping - New privacy wall added in front of home. Close to several golf courses, pickleball and tennis as well as close to El Paseo w/world class shops and restaurants. The manager has listed the unit size as 2673 square feet.
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| Apr 27, 2018 | Sold | ||
| Sold | |||
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About Palm Desert Highlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017