72815 Davis Road
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 |
|---|---|---|---|
| Apr 30, 2025 | Price Decreased |
$821,000
↓ $24K
(2.8%) | |
| Price Decreased | |||
| Apr 26, 2025 | Price Decreased |
$845,000
↓ $84K
(9%) | |
| Price Decreased | |||
| Nov 20, 2024 | Listed | $929,000 | |
| Listed | |||
| | |||
|
***MAJOR PRICE ADJUSTMENT*** Stunning South Palm Desert pool home nicely perched above it all with dramatic close up mountain views and serene city lights views! Featuring a lovely open floorplan with high ceilings, breakfast bar and large front picture window to take in the natural light. This lovely home has been beautifully updated with a gorgeous chef's kitchen with quartz countertops, hickory cabinets, farmhouse sink, luxury stone floors throughout, fresh interior paint, new black dual pane windows, newer Rheem tankless water heater & furnace and much more. The spacious private feeling back yard features a large pool with fountain/sprinkler water feature, gas fire pit, several patio seating areas and lush beautiful landscaping. The front of the home includes a large front courtyard patio area to take in the shimmering city lights views at night and abundant parking with the two car garage plus large concrete driveway. Primary suite features en suite updated bathroom and direct sliding glass door access to the back yard for easy access to the pool. Home is well located in a top school district with million dollar homes all around and El Paseo Shopping District also nearby featuring world renowned shopping, dining and entertainment. Don't miss this amazing opportunity...make your offer today!
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| Jun 1, 2024 | No longer available | - | |
| No longer available | |||
| Mar 20, 2024 | Price Decreased |
$899,000
↓ $40K
(4.3%) | |
| Price Decreased | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017