75
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74245 Covered Wagon Trail
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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 2, 2026 | Listed by HomeSmart | $1,099,900 | |
| Listed by HomeSmart | |||
| Jun 19, 2023 | No longer available | - | |
| No longer available | |||
| May 5, 2023 | In contract | - | |
| In contract | |||
| Apr 29, 2023 | Listed by Compass | $749,000 | |
| Listed by Compass | |||
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Welcome to the highly desirable neighborhood of South Palm Desert. This beautiful property is located on a quiet street and offers plenty of privacy and seclusion for your relaxation.As you enter the home, you will be greeted by an open and inviting floor plan with high ceilings, fresh paint, and modern finishes throughout the home, with lots of natural light. The great room flows seamlessly from the excellent gourmet kitchen, which boasts granite countertops, ample storage space, and top-of-the-line appliances into the dining and living area with fireplace and views of the delightful garden that wraps around the house.The principal suite has a nice seating area and spacious bathroom, with access to the backyard. The two additional bedrooms are perfect for guests or home office.Outside, you'll find your sparkling pool and spa, mature landscaping, and plenty of lounging areas. This is the perfect place to entertain guests or simply relax with a book on a sunny afternoon. Located within walking distance from the finest shopping, dining, and entertainment on El Paseo, this home offers an unmatched level of enjoyment and convenience. Don't miss the opportunity to make this your home - come and see it today! The manager has listed the unit size as 1850 square feet.
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About Deep Canyon Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017