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73075 Shadow Mountain Drive
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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.
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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 |
|---|---|---|---|
| May 14, 2026 | Listed by Coldwell Banker Realty | $2,295,000 | |
| Listed by Coldwell Banker Realty | |||
| Feb 7, 2022 | Sold | ||
| Sold | |||
| Nov 26, 2021 | Listed by RPAC | $1,699,000 | |
| Listed by RPAC | |||
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A rare find in this upscale South Palm Desert neighborhood of traditional luxury homes just a few short blocks from hiking and El Paseo shopping and restaurants, this masterfully renovated 1965 Mid-Century Modern is quite the dream come true for the most particular Buyer. The sweeping curb appeal with panoramic mountain views will pique your curiosity wanting to see more. Once inside, you'll discover an extraordinary mini estate on half acre grounds offering 3BR/3BA Main House plus newly built 2BR/1BA Private Guest House with Kitchenette - complemented by the vast private backyard with expansive Cabana, New Pool, Spa and Tanning Shelf, Fire Pit, BBQ, Outdoor Shower. Eye-catching enhancements are impressive with high-end designer finishes throughout both homes. Porcelain Terrazzo Flooring and Tongue and Groove ceilings extend through walls of glass in the Main House creating an open continuum between inside and outside - accentuating Desert living at its best. New Bathrooms. New Kitchen with quartz counter tops, wood cabinetry, and Viking appliances connects effortlessly to the dining and living space with Fireplace and Big Views. Primary Suite, Bedroom #2 with private bath, and Bedroom #3 all offer direct access to the outside. Circular Driveway and Two Car Garage accommodates multiple vehicles plus gated RV Parking. Kudos to Shawn Elmore of Special Effects Staging and Design for his meticulous attention to detail and Violet Moran's Revive Team for an exceptional renovation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017