73435 Desert Rose Drive
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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.
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Redfin Corporation | $945,000 | |
| Listed by Redfin Corporation | |||
| Oct 9, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by Coldwell Banker Realty | $649,900 | |
| Listed by Coldwell Banker Realty | |||
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A gorgeous private pool and raised spa with waterfall, and mountain views of Ike's Peak from the light and bright family room with French doors. This is just the beginning of the exciting features of this 3 bedroom 2 1/2 bath Canyon Cove home with a 3 car garage plus workshop area of approximately 588 square feet! The home has 2,104 square feet of living area on a huge 13,800 square foot lot (per tax assessor,) with a tile roof, dual pane windows, white shutters throughout, vaulted ceilings in the living room and master bedroom. The master has a sliding glass door facing the rear lawn, a huge walk-in closet, bath with double vanity, updated fixtures and overhead lights. nice tub and separate shower. The dining area and wet-bar have perfect views of the living room fireplace with gas logs and glass front. The kitchen has a real pantry, breakfast nook, gas stove, built-in microwave oven, updated double sink, and views of the rear lawn, mountains, pool and spa. The inside laundry room is between the garage and kitchen for convenience. There's a closet and half bath in the hallway. Close to the world famous Living Desert Zoo, and prestigious Washington Charter School. No HOA dues!
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017