74438 Chicory Street
About This Property
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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 |
|---|---|---|---|
| Mar 19, 2024 | Sold | ||
| Sold | |||
| Dec 10, 2023 | No longer available | - | |
| No longer available | |||
| Dec 8, 2023 | Listed by eXp Realty Of Southern California Inc | $719,000 | |
| Listed by eXp Realty Of Southern California Inc | |||
| Nov 10, 2023 | Price Decreased |
$799,000
↓ $40K
(4.8%) | |
| Price Decreased | |||
| Sep 28, 2023 | Listed by eXp Realty Of Southern California Inc | $839,000 | |
| Listed by eXp Realty Of Southern California Inc | |||
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Fabulous 1960 mid-century modern pool home located in So Palm Desert on a quiet cul-de-sac and just minutes from World Class dining and shopping on El Paseo. This home is all original and has been lovingly cared for and restored by Designer John Anthony Turturro. Peaceful and quiet, you will enjoy this bright and airy open floor plan that is filled with glass and light, with gorgeous mountain views from every room and a gaslit fireplace in the living room for cooler evenings. This home features a large living room, open to the dining room and galley-style kitchen with high beamed ceilings and a cool kidney shaped breakfast bar, with great views out to the backyard and pool. The private primary bedroom includes an ensuite, and large walk-in closet. The 2nd bedroom, and bath are located off the main hallway with a large linen closet, and the bonus room is perfect for a den, office, or work-out studio, with pool views that round out the flow of this contemporary open plan. The 2 car-carport with large storage room, and the mid-century block wall, add to the home's original charm. This property comes beautifully furnished in a neutral, luxurious color palette, with original artwork, rugs, and accessories. All appliances are included. New HVAC, pool pump, newer energy efficient roof, and PEX plumbing, make this a wonderful home. Take advantage of this truly turn-key opportunity and enjoy a piece of Palm Desert history. The manager has listed the unit size as 1400 square feet.
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About Panorama Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017