73909 Mondrian Place
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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.
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 |
|---|---|---|---|
| May 18, 2024 | No longer available | - | |
| No longer available | |||
| Jan 25, 2024 | Listed by Keller Williams Realty - La Quinta | $675,000 | |
| Listed by Keller Williams Realty - La Quinta | |||
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This beautiful 3 bedroom, 2.5 bathroom has OWNED SOLAR in The Gallery, a highly desirable gated community in Palm Desert. This home features an open floor plan with hardwood floors and granite countertops in the kitchen and plenty of storage. The two large bedrooms share an attached ''Jack & Jill'' restroom, while the oversized Primary bedroom has a large restroom with a soaking tub, separate shower, and walk in closet. With a lot size of almost 10,000 square feet, the backyard has plenty of room for you to create your own oasis with a pool. You'll enjoy the private backyard with an enormous covered patio, perfect for entertaining! With solar panels to cover energy costs, a tankless water heater, and an HOA that includes cable, this home will save you plenty! The Gallery is centrally located just minutes away from Palm Springs, La Quinta, and the Coachella music festivals, as well as the Acrisure arena, dining, shopping, and world class golf courses, which offer discounts to local residents. You're not going to want to miss this one. Schedule your private showing today! The manager has listed the unit size as 1946 square feet.
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| Jul 12, 2021 | Sold | ||
| Sold | |||
| May 30, 2021 | Listed by Keller Williams Realty | $580,000 | |
| Listed by Keller Williams Realty | |||
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*SOLAR OWNED* Located in the highly sought after community, The Gallery. When you enter through the front door, you are welcomed into the large great room with a wall of windows allowing for an abundance of sunshine. The floor to ceiling stacked travertine, surrounds the gas log fireplace and compliments the beautiful gray tone engineered hardwood flooring that flows seamlessly throughout the main areas of the home. The kitchen features a breakfast bar, dining area, granite countertops a designer backsplash and a built in work station. The large master bedroom features an en-suite bath with dual sinks, soaking tub, separate shower and a large walk in closet. The generous sized 2nd & 3rd bedrooms share a jack & jill bathroom. New carpeting in the bedrooms with upgraded padding. This home sits on a large flat lot, perfect for the resort style backyard of your dreams. The Gallery is conveniently located just minutes from shopping, dining, medical facilities, Agua Caliente Casino and easy I-10 freeway access. This home has owned solar & the 21 solar panels are more than enough to power the home. You won't want to miss this one. Available for a quick closing.
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| Jul 24, 2018 | Sold | ||
| Sold | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017