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73135 Shadow Mountain Drive
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 |
|---|---|---|---|
| Oct 31, 2022 | No longer available | - | |
| No longer available | |||
| Oct 8, 2022 | In contract | - | |
| In contract | |||
| Sep 24, 2022 | Price Decreased |
$899,000
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Sep 8, 2022 | Listed by Bennion Deville Homes | $949,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
$50,000 PRICE REDUCTION ON 09/23/2022. You really must see this Mid-Century Atomic Ranch style 3 Bedroom, 3 bath home built in 1952 with an OWNED 10.4 kW SOLAR ELECTRIC SYSTEM. Superbly placed on a .47 Acre lot just a short stroll away from the most desirable section of the El Paseo district that many call The Rodeo Drive of the Desert. Your neighborhood shopping venues include Saks Fifth Avenue, Gucci, and Tiffany. As you enter the home's large living room, you'll notice a fireplace and two enormous corner picture windows that provide sweeping views of mountains and neighboring luxury homes. Dining room with gorgeous pool views. A vintage Poggenpohl custom kitchen features a gas stove, built-in wall oven, dishwasher and a microwave oven. A full laundry room with newer stack washer and dryer is conveniently located next to the kitchen. Two central air conditioners keep the home comfortable without having to worry about mounting electricity bills due to owned solar electric. In-ground swimming pool, spa and gas firepit. The primary bedroom is ensuite and opens to the pool. Nearby is another bathroom and an adjacent large bedroom with custom built ins. Huge third bedroom with separate entrance is located away from the Primary and Guest Bedroom! The manager has listed the unit size as 2110 square feet.
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| Sep 11, 2020 | Sold | ||
| Sold | |||
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About South Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,250 /mo
- 3 Beds
- 2 Baths
- 2,534 ft²
$7,000 /mo
- 2 Beds
- 2 Baths
- 1,512 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017