73733 Haystack Road
About This Property
So much potential in this layout! Sliders all over, tile floors, breezeway to second structure with garage. All on original plans. Beautiful south Palm Desert location. Green area and walking path across street extends west. Close to zoo! El Paseo, shopping mall and public transport! 3 beds 2 bath. The master has slider to backyard, bathroom, dressing area and walk in closet. Other bedrooms window onto interior courtyard walkway. Producing adult fruit trees (7+) of varying types in backyard. Exterior well maintained. Vacant.
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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 |
|---|---|---|---|
| Jan 24, 2019 | Sold | ||
| Sold | |||
| Oct 11, 2018 | Listed by RE/MAX Consultants | $489,000 | |
| Listed by RE/MAX Consultants | |||
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Here is your opportunity to own a truly outstanding home, ideally located near the historic Silver Spur Ranch in South Palm Desert. Having just underwent a dramatic modernization including new windows and AC system, you will also find a brand-new chef inspired kitchen complete with professional grade appliances. The bathrooms have been stylishly refinished with gorgeous materials. Designer wood plank porcelain tile and plush carpeting throughout give this home a tailored feel. The custom paint colors are simply breathtaking. A contemporary fireplace makes a striking focal point and will be the perfect spot to showcase your favorite artwork. There is a detached flex space that is currently used as laundry/storage room, but could be converted into a casita, gym, office, or media room. To enjoy the amazing desert lifestyle, you must have plenty of outdoor space and this home doesn't disappoint. There is a large patio overlooking the lawn, small citrus orchard and peekaboo mountain views.
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| Oct 3, 2018 | No longer available | - | |
| No longer available | |||
| Aug 25, 2018 | Price Decreased |
$549,000
↓ $16K
(2.8%) | |
| Price Decreased | |||
| Aug 14, 2018 | Price Decreased |
$565,000
↓ $4K
(0.7%) | |
| Price Decreased | |||
Property Highlights
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017