74109 Pele Place
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 |
|---|---|---|---|
| Oct 20, 2021 | No longer available | - | |
| No longer available | |||
| Oct 15, 2021 | Price Decreased |
$760,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
| Oct 1, 2021 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
| Sep 17, 2021 | Listed by KUD Properties, Inc. | $799,000 | |
| Listed by KUD Properties, Inc. | |||
| | |||
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Have you been waiting for the complete package? Look no further, this pool home with owned solar has it ALL! This property sits on the corner of a quiet cul-de-sac oozing curb appeal. Passing through the gated courtyard, inside you'll find high ceilings and 4 over-sized bedrooms, one of which is a privately accessed, attached casita. The fully remodeled kitchen features marble custom laser lined quartz, all new appliances including wifi enabled double ovens, wine fridge, oversized Kraus sink, chrome cabinet pulls imported from Spain, art deco bezeled glass backsplash with custom tile inlay and a filtered pot filler. Beautiful 12x24 marble porcelain tile leads you throughout the home and into each bedroom. Outside you will find wonderful, unobstructed south facing mountain views and a 48 ft, salt water, pebble tec lap pool, with an oversized spa. This highly sought after location in Palm Desert, bordering Rancho Mirage, enjoys very little wind and a minimal HOA. BRING ALL OFFERS! The manager has listed the unit size as 2505 square feet.
| |||
| Feb 21, 2020 | 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