74450 Peppergrass Street
About This Property
Step inside to discover light-filled living spaces that blend vintage character with modern updates. The open layout flows effortlessly from the inviting living room to a delightful kitchen and dining area... ideal for both relaxing and entertaining.
Outdoors, your private backyard oasis awaits. Dive into the sparkling pool, bask in the sun, or unwind under the shade, all surrounded by vibrant gardens and ample space for lounging, playing, or hosting gatherings. A detached storage shed offers extra convenience for your hobbies or gear.
Whether you're a design enthusiast or simply looking for a charming home with room to grow, this property offers endless potential in a peaceful, sought-after setting. Tucked away in a serene neighborhood yet just minutes from upscale shopping and dining on El Paseo, scenic hiking trails, and everything Palm Desert has to offer-this home delivers the ideal desert lifestyle.
Mid-century magic, modern ease, and unbeatable location-come experience it for yourself.
Don't miss your chance to own a slice of mid-century magic!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Dec 8, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Relisted | $529,000 | |
| Relisted | |||
| Nov 23, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$529,000
↓ $46K
(8%) | |
| Price Decreased | |||
Property Highlights
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About Panorama Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017