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74080 Jeri Lane
About This Property
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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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Price Decreased |
$840,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Feb 4, 2025 | Listed by KELLER WILLIAMS-LA QUINTA | $850,000 | |
| Listed by KELLER WILLIAMS-LA QUINTA | |||
| | |||
|
Nestled in the serene community of Olive Grove in North Palm Desert, this stunning home at 74080 Jeri Lane offers a blend of luxury and comfort. Recently upgraded, it boasts a new pergola, LARGE new RENOVATED kitchen, and a charming courtyard, complemented by freshly painted interiors and all-new window treatments throughout. Modern convenience meets elegance with brand-new appliances and a bonus room transformed into a formal study.
Enjoy panoramic views of the snow-capped mountains from your own backyard, complete with a private pool, perfect for relaxation and entertainment. This cul-de-sac location ensures peace and privacy, enhanced by the absence of HOA fees.
Inside, discover three spacious bedrooms, including a primary suite featuring an en suite bathroom with dual sinks, a soaking tub, a separate shower, and two walk-in closets. The 2-car attached garage provides direct access to the home, while leased solar panels offer energy efficiency and savings.
Don't miss the opportunity to call this meticulously maintained residence your own, where every detail reflects pride of ownership and a commitment to quality living in one of Palm Desert's most coveted neighborhoods.
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| Jun 7, 2023 | No longer available | - | |
| No longer available | |||
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