72816 Willow Street
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 |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | Listed by Christie's International Real Estate SoCal | $700,000 | |
| Listed by Christie's International Real Estate SoCal | |||
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Sitting in the heart of Palm Desert, this stunning ranch-style residence offers a perfect blend of luxury and comfort, ideal for both relaxation and entertaining. The home boasts a generous 1,934 square feet of living space, with an open floor plan that maximizes natural light and provides seamless indoor-outdoor living. Upon entering, you are greeted by a spacious foyer that opens into a breathtaking great room, complete with a mirror wall and large sliding glass doors that provide unobstructed views of the surrounding mountains and desert landscape. The floor-to-ceiling windows not only enhance the aesthetic appeal but also invite the natural beauty of Palm Desert into the home.The kitchen is a ranch-style dream, featuring state-of-the-art stainless steel appliances, upgraded cabinetries, and a large antique dining room table. The custom cabinetry provides ample storage, while adjacent to the kitchen is a generous dining area that flows seamlessly into the great room, perfect for hosting dinner parties or family gatherings.This home offers three spacious bedrooms, each with 2 en-suite bathrooms and walk-in closets. One of the guest rooms is a true retreat, showcasing stunning views, a private patio, and a spa-like bathroom with a soaking tub. For entertainment and leisure, the outdoor space is nothing short of spectacular. The backyard features a pool with a diving board that appears to spill into the desert landscape, surrounded by a spacious patio, gazebo, and basketball court. Additional features of this Palm Desert home include a private office, laundry machines, and a two-car garage. This residence is located in a highly sought-after neighborhood near El Paseo, with easy access to luxurious shopping, dining, and world-class golf courses. Offering a lifestyle of sophistication and tranquility, this Palm Desert home is truly a desert oasis.
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About South Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017