73621 Sun Lane
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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%.
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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.
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 9, 2021 | Sold | ||
| Sold | |||
| Feb 8, 2021 | Listed by The Agency | $850,000 | |
| Listed by The Agency | |||
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A perfect blend of Mid Century living in modern times. Warm, colorful, vibrant, tasteful revival. The breeze block, mission finish stucco, the entry. Breath in this beauty and with 270-degree mountain views. Generous outdoor living space and freshly retiled pool wrapped by 8-foot ficus and striking cactus lined walls, allowing views out not in. Delightfully private. Dine al fresco outdoors off the cook's dream kitchen. Understated and elegant kitchen lit above by clerestory windows from ample ceiling heights, flanked by a wall of high gloss pantry cabinets, a Bertazzoni range hood, expansive quartz island with warm wood-grain cabinetry, micro drawer, stainless steel appliances, and floating shelving. The kitchen opens upon the great room, warmed by the textured tiled fireplace. Two primary suites, two additional bedrooms, one hall bath leading out to pool, energy efficient new pool equipment and tankless hot water heater. A feast for the eyes and senses pairing beauty with function and comfort. Located close to El Paseo, dining, shopping.
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| Aug 17, 2020 | Sold | ||
| Sold | |||
| Apr 14, 2020 | Listed by HK Lane Real Estate | $499,999 | |
| Listed by HK Lane Real Estate | |||
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$84,900 Price Reduction! Located in the picturesque neighborhood of Silver Spur Ranch in coveted South Palm Desert, this 4-bedroom, 3-bath Mid-Century era pool home offers some truly spectacular mountain views and no visible power lines! Enter to a spacious, open concept living space with fireplace and large kitchen with soaring ceilings and an oversized island, perfect for entertaining. With two master bedrooms, each with en-suite baths, and two additional guest rooms, your family and friends will have plenty of space to spread out. The guest bath opens up to the pool area so you can step right into the shower after soaking up some rays and enjoying the pool. This wonderful home has a newer roof and a terrific floor plan that awaits your aesthetic touches! Restore it to it's Mid-Century design or make it a modern masterpiece! Close to The Living Desert, hiking, Ironwood Park and all of the wonderful shopping and fine dining El Paseo has to offer.
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About Silver Spur Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017