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73345 Juniper Street
About This Property
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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%.
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 |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Dec 13, 2023 | Listed by HomeSmart | $1,200,000 | |
| Listed by HomeSmart | |||
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This home is not your usual tract home. If your client is looking for something different and modern, show them this home Designed by local architect George Ritter, The Ritter House is featured in Palm Desert's Art & Architecture Official Guide ask for details. The exterior of the home exudes modernism which continues once inside. The coup de grace of the home is a circular lift that propels you and your dinner guests up into a glass turret that affords unbelievable views of the surrounding mountains and desert. A unique custom-made stainless steel fireplace in the great room will provide warmth on those chilly desert nights. The kitchen is a galley type with teak cabinetry and warm Italian tile. The master bedroom is off the rear pool and patio area and the master bath has a voluminous spa tub. Staying in the theme of the home, there's a spacious circular covered loggia. It's a perfect spot for alfresco dining or just relaxing This spectacular home is perfect for entertaining, the backyard is an entertainer's dream with beautiful views of majestic mountains and a sparkling pool/spa highlights a cool sit-up bar, Location, location, location. This home is a walking distinct located in the heart of Palm Desert the most desirable neighborhoods, right up the street from the luxurious shops and restaurants of El Paseo, several hiking trails Surrounded by breathtaking Mountain views. It is sold as is.
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About South Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017