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73576 Malabata 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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by Bayside Real Estate Partners | $1,495,000 | |
| Listed by Bayside Real Estate Partners | |||
| Sep 30, 2022 | No longer available | - | |
| No longer available | |||
| Sep 29, 2022 | Sold | ||
| Sold | |||
| Sep 23, 2022 | In contract | - | |
| In contract | |||
| Sep 4, 2022 | Listed by Pacific Sotheby's International Realty | $1,350,000 | |
| Listed by Pacific Sotheby's International Realty | |||
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Welcome to the legendary Marrakesh Country Club, a private golf community located in Palm Desert. This impressive home has been remodeled to perfection and is debuting to the market for the first time since original purchase. Architect Dennis Gibbens, apprentice to I.M. Pei, reimagined this stunning home that is being offered turnkey furnished. Interior designer, Joe Nye, was one of the leading names in Southern California's design world, transforming the interior of this home with his crisp, clean approach to traditional design and fresh color schemes he was well known for. This expansive home, with permitted additions, sits along the 14th hole of the Ted Robinson designed executive course with extraordinary mountain and golf course views. Encompassing five bedrooms, five baths, includes an attached casita with kitchenette, and an office that was added to the primary suite. The kitchen has been redesigned with Caesarstone countertops, equipped with Bosch appliances including a double oven and an attractive island with Absolute Black Honed Granite countertop and dual refrigerated beverage drawers. The home has custom shutters, premier hardwood floors, TOTO fixtures and Fleetwood sliders in the rooms additions. Enjoy all the amenities this club has to offer including golf, tennis, pickleball, community pools/spas, dog park, and clubhouse in this wonderful community. Shopping, dining and art galleries are all close by on El Paseo, also known as the ''Rodeo Drive'' of the desert The manager has listed the unit size as 2653 square feet.
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About Palm Desert
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