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73129 Monterra Circle N
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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 |
|---|---|---|---|
| Oct 16, 2026 | Listed by Coldwell Banker Realty | $1,495,000 | |
| Listed by Coldwell Banker Realty | |||
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Aug 13, 2020 | Listed by Coldwell Banker Realty | $850,000 | |
| Listed by Coldwell Banker Realty | |||
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This beautiful Monterra home is located in one of the best locations in south Palm Desert! With a separate room for an office or library, this floor plan is perfect for work from home, or it could be an easy conversion into a fourth bedroom. The home has a wonderful open floor plan for entertaining, separate formal dining and living rooms, and a stunning outdoor living space. As you walk in, you'll enjoy the high ceilings, skylights and custom shutters throughout that make this home beautifully bright and airy. No need to even have one light on! Entertain in the formal dining area adjacent to a spacious remodeled kitchen that features granite countertops, stylish cabinets, and an eat-in dining nook. The large family room is the perfect place to entertain and features a gas fireplace and back yard access for a wonderful in-door, out-door experience. The expansive master suite is bright and comfortable with high ceilings and its own fireplace. An ensuite bathroom has a spacious tile shower and separate soaking tub with individual vanities and his & hers walk-in closets. The 3 car garage has lots of storage and room for your golf cart.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017