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73429 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 |
|---|---|---|---|
| May 28, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by The Address, Inc | $770,000 | |
| Listed by The Address, Inc | |||
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1960 Mid Century Modern REMODELED Pool Home. Raised Large Lot, Circular Drive Entrance, in Desirable South Palm Desert Neighborhood. BRIGHT Open Floor-Plan wraps around French Door Views to Pool - 3 Bedrooms - 3 Baths - Office, Indoor Laundry Room, Direct Access to 2 Car Garage with extra work area/storage. Sun soaked south facing swimmer's size pool & generous grass area with complete seclusion. Renovations includes New Kitchen & Bathrooms, dual pane windows, tile flooring and much more! RV Access possible through side gates. Located on quiet walking street, with NO HOA. Conveniently near El Paseo Shopping & Restaurants and all that Palm Desert has to offer!
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| Oct 28, 2018 | No longer available | - | |
| No longer available | |||
| Aug 10, 2018 | Listed | $550,000 | |
| Listed | |||
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One of the best neighborhoods in South Palm Desert! Close to El Paseo shopping and world class dining. Large entertainers backyard with pool, patio and large grass yard with mature trees. Right side of the house can fit all of your toys, with a gated area large enough to fit two full size RV's. Home is sold AS IS. Seller will not do any repairs. Selling agent and buyer to do all research and due dilligence before submitting an offer. Currently tenant occupied so allow 24 hour notice for any showing appts. The manager has listed the unit size as 2456 square feet.
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About South Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017