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73245 Bursera Way
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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 |
|---|---|---|---|
| Apr 15, 2023 | No longer available | - | |
| No longer available | |||
| Mar 15, 2023 | In contract | - | |
| In contract | |||
| Jan 23, 2023 | Listed by HK Lane Real Estate | $1,059,000 | |
| Listed by HK Lane Real Estate | |||
| | |||
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This spectacular South Palm Desert Home has the charm and elegance rarely found in this area. 1891 sq. ft. on a large 13,503 lot and outdoor living at its finest. Located close to the famed Rodeo Drive of the Desert El Paseo shopping and dining area, this home has it all. Luxury inside and out you'll find out what desert living is all about. The great room has a fireplace for a cozy evening of movies and entertainment while the outdoor firepit invites you to relax and watch the sun set over the mountain view. This is a premium lot with plenty of outdoor space including an outdoor kitchen with built in BBQ, sink and storage. Desert living doesn't get any better. Inside, you'll be able to enjoy the custom steam shower when just wanting to take it easy after a day of golf, hiking, jogging, cycling, and swimming. Not to mention the many attractions like the living desert just a short drive away. Don't miss this opportunity to experience all Palm Desert has to offer. This home is offered fully furnished per the inventory list. It is move in ready and available now so you can enjoy the season. Call with any questions or go direct with your Supra E-Key. The manager has listed the unit size as 1891 square feet.
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| Dec 12, 2019 | Sold | ||
| Sold | |||
| Nov 23, 2018 | Listed by Bennion Deville Homes | $692,500 | |
| Listed by Bennion Deville Homes | |||
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About South Palm Desert
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$9,250 /mo
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$7,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017