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73905 Shadow Lake 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 |
|---|---|---|---|
| Oct 1, 2018 | No longer available | - | |
| No longer available | |||
| Sep 27, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | Listed | $749,000 | |
| Listed | |||
| | |||
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Located in the exclusive area of South Palm Desert,California this stunning updated MID-CENTURY CLASSIC will take your breath away! This is an entertainers delight, with 10 banks of sliding doors, large sparkling saltwater pool,nice backyard and beautiful mountain views Once standing inside the generously proportioned public rooms of this amazing home,enjoy views to the rear garden and covered patio creating the perfect outdoor living environment. A sparkling lap-sized pool awaits your pleasure on desert afternoons. Dramatic use of trapezoidial post and beam architectural design design that eliminated bulky support walls giving it a gorgeous wall of windows throughout, ensure this home's pedigree as a postmodern era classic. Minutes from El Paseo for dining, shopping, art galleries or a leisurely stroll. For those seeking the ultimate in desert living. WELCOME HOME! The manager has listed the unit size as 2739 square feet.
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| Jul 26, 2018 | Listed by eXp Realty of California, Inc. | $749,000 | |
| Listed by eXp Realty of California, Inc. | |||
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About Shadow Mountain Golf Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017