47
Map
73757 Picasso Drive
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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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Listed by Equity Union | $975,000 | |
| Listed by Equity Union | |||
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Discover your dream home within The Gallery, a quiet, gated community offering tranquility, luxury, & convenience. This stunning pool home sits on a spacious south-facing lot, providing an exceptional setting for entertaining family & friends while soaking in the best of desert living. Your private backyard retreat has been designed with comfort & elegance in mind. Features include: A custom pool and spa built by Teserra, the gold standard in pool craftsmanship, offering a resort-like escape. A huge covered patio that spans the length of the home, complete with remote-controlled drop-down shades for year-round comfort. Enchanting landscaping that ensures complete privacy & a serene ambiance. Breathtaking mountain views that create a picture-perfect backdrop for any occasion. Step inside this barely-used home & experience its exceptional quality & thoughtful design: Builder upgrades throughout, including custom built-ins for added style & functionality. Spacious bedrooms, ideal for relaxation or hosting overnight guests. An oversized garage with room for two cars & a golf cart, ensuring ample storage. The home's open layout offers a seamless flow between indoor & outdoor spaces, making it perfect for entertaining or simply enjoying a quiet evening at home. Perfectly situated, this home is just minutes from top attractions, including: Acrisure Arena, a hub for entertainment & sports, as well as world-class golf, tennis, pickleball, shopping, dining, hiking, biking, & casinos.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017