73940 Flagstone 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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Jun 21, 2024 | Listed by Compass | $1,199,000 | |
| Listed by Compass | |||
| May 11, 2021 | Sold | ||
| Sold | |||
| Mar 7, 2021 | Listed by Coldwell Banker Realty | $899,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Beautifully upgraded pool home with fully paid SOLAR walking distance to the famous El Paseo Drive and it's world class restaurant's and shopping! This smart home digitally controlled home is an entertainers delight located on the 11th fairway of the Shadow Mountain Golf Course with no HOA fee's! Upon walking into the huge long driveway (long enough for a motorhome) you find the front courtyard for enjoying morning coffee. Upon entering this home that features porcelain floors throughout you will love the open floor plan with the gourmet kitchen over looking the main living area with a warm stack stone fireplace. The main part of this home has stunning backyard and south mountain views from one end to the other! All bedrooms have their own bathroom suites with huge over sized tile showers. Once stepping outside to this over sized lot you will find the recently renovated pebble tech pool and spa with cascading water falls and fancy mosaic tiles that really set this private property off! The privacy is one of a kind. Built in BBQ and huge side yard for games and fun make this property a homerun! 2 car garage and a golf cart garage. Property rented last winter for 5 weeks for $13,000!!! Monster vacation rental income potential. Don't miss out on this one of kind South Palm Desert property!
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| Mar 14, 2016 | Sold | ||
| Sold | |||
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About Shadow Mountain Golf Estates
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$4,250 /mo
- 4 Beds
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- 1,740 ft²
$4,200 /mo
- 2 Beds
- 2 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017