73410 Bursera Way
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%.
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 |
|---|---|---|---|
| Apr 21, 2023 | No longer available | - | |
| No longer available | |||
| Feb 22, 2023 | In contract | - | |
| In contract | |||
| Feb 8, 2023 | Price Decreased |
$1,250,000
↓ $50K
(3.8%) | |
| Price Decreased | |||
| Dec 9, 2022 | Listed by HomeSmart Professionals | $1,299,888 | |
| Listed by HomeSmart Professionals | |||
| | |||
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Experience the epitome of luxurious living in South Palm Desert with this stunning property that promises to elevate your lifestyle. Set on a sprawling lot of approximately 1/3 acre, this home boasts of remarkable features that make it an oasis of entertainment and relaxation.Immerse yourself in the beauty of the fully-landscaped grounds, where the sparkling pool and spa beckon you to soak in the warm California sun. Enjoy evenings under the stars in the lighted pavilion, or challenge your friends to a game of bocce ball on the pristine court. The furry members of your family will have their own slice of paradise in the dedicated dog run.The gourmet chef's kitchen is a masterpiece, recently completed with top-of-the-line Thermador appliances, including a 6-burner 36'' range, two islands, under-cabinet lighting on dimmers, a coffee/wine bar, and Cambria counters with a stunning waterfall edge. The impressive travertine flooring is laid in a Versailles pattern, and the custom-made Mahogany entry door is a work of art that will welcome you home in style.The solar panels are a significant highlight, paid in full and providing nearly zero annual cost for the SCE electric bill. The newer dual-pane, energy-efficient windows will help keep your home cool and comfortable.The primary bedroom is a retreat of its own, with custom-made sliding barn doors that open to a large walk-in closet, and a breathtaking remodeled bathroom that features a rain shower, hand-held, and wall jets The manager has listed the unit size as 2581 square feet.
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| Jun 25, 2019 | Sold | ||
| Sold | |||
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About South Palm Desert
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$9,250 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017