73688 Agave Lane
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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 1, 2022 | Sold | ||
| Sold | |||
| May 16, 2022 | Listed by Darin Vicknair, Broker | $1,298,000 | |
| Listed by Darin Vicknair, Broker | |||
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Panoramic southern mountain views frame this private custom gated home in South Palm Desert. Ideally located within walking distance to world class shopping & dinning on El Paseo, included is an open great room floor plan, 3 bedrooms, bonus room, 3 full baths & 1/2 bath, Indoor laundry room & 2-car + golf cart garage. The primary suite has large walk-in closet, tile shower & Japanese soaking tub. The 2nd bedroom can be used as an additional primary suite w/ large shower looking out to the private courtyard. Expansive ceilings throughout with a beautiful 11ft+ Redwood ceiling in the main living area. The wet bar area & kitchen feature granite counters & custom cabinetry. Fleetwood Glass sliding doors & a southern exposure wall of windows lead out to the private 40ft lap pool w/ covered patio & motorized Sunbrella awning. Ideal low maintenance yard w/ plenty of extra parking for all your toys! Located inside the private gates of Ironwood Heights, a part of Ironwood Country Club, this home offers double gated, 24 hour security. Has been a very successful Seasonal Rental & is sold furnished. Ironwood Country Club is a private club with two 18-hole golf course, fitness center, tennis and pickle ball courts, and a beautiful clubhouse. Membership is by application and requires sponsorship. It is not required that the homeowners in Ironwood be members of the club.
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| Feb 25, 2021 | Sold | ||
| Sold | |||
| Dec 17, 2020 | Listed by Bennion Deville Homes | $795,000 | |
| Listed by Bennion Deville Homes | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017