74154 Peppergrass Street
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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 |
|---|---|---|---|
| Apr 16, 2020 | Sold | ||
| Sold | |||
| Mar 11, 2020 | Listed by Coldwell Banker Realty | $405,000 | |
| Listed by Coldwell Banker Realty | |||
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Stunning departure from the ordinary in this wood beamed authentic Adobe bungalow. Built in 1949, this cleverly designed compact home offers an open living plan that easily transfers from indoor to outdoor living. Front gardens provide a Zen style approach with inviting seating areas. Front exterior patio is so appealing with cozy seating area and fireplace, beautiful plantings trailing down and around the overhead open wooden beams set the stage. Once you enter the living room, the rustic charm abounds from the vaulted wood ceilings, the original adobe brick walls, stained concrete flooring throughout. Galley kitchen provides good storage and looks out to the Citrus Tree garden, laundry room sits off kitchen. Dining area is small, intimate and opens to the back patio. Separate den/sleeping area off living room opens out to the back patio. Master Suite is private and serene with private bath and good closet space.. Separate spacious Casita with private back patio and entrance. Night and Day back patio off living room offers lovely landscaping, nicely sized pool, lovely lounging areas and is the perfect spot for entertaining. This is a totally charming home.
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| Nov 22, 2013 | Sold | ||
| Sold | |||
| Oct 3, 2013 | Listed by Coldwell Banker Realty | $299,500 | |
| Listed by Coldwell Banker Realty | |||
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Positively enchanting! Built in 1949 as one of the earliest homes in Palm Desert, with recently updated A/C, electric, roof, kitchen, pebble surface pool, but with all of its original historic charm. Wood beamed living room & bedroom ceilings, adobe walls, a wood burning fireplace that could be in a museum, and accents everywhere too numerous to describe. Honestly, the photos don't do it justice. A massive living room window faces the private walled front patio. The rear yard features another patio plus the pool, lots of mature landscaping, and ultimate privacy. The kitchen has stainless steel appliances, gas range, oven, dishwasher, and lovely cabinetry. There's dining and office area plus an ample living room. The home has just 1 bedroom and 1 small full bath, plus the casita with its small bath. The 2 car carport should be able to convert to a garage. This is early California at its finest, and nobody will ever again match the privacy and originality of this very special property
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About South Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017