74600 Tesla Drive
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.
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 |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Apr 21, 2024 | Listed by Vista Sotheby's International | $962,500 | |
| Listed by Vista Sotheby's International | |||
| | |||
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Welcome to the private gated community of Genesis in Palm Desert. This stunning desert-contemporary home was built in recent years, a former model home, move-in ready condition and being offered partially furnished. The property sits on a corner lot, has been lightly used since it was built. You will enjoy the easy flow of this open and spacious plan that is in pristine condition. With just under 2,600 square feet the great room is inviting, with a fireplace, built-in shelving, surround sound, recessed lighting, high ceilings provide an airy open feel. The large modern kitchen island has an upgraded cascading waterfall edge, stainless steel appliances, Alkaline Purification System, walk-in pantry and formal dining room that can also be used as an office or bonus room. The primary suite is stunning, expansive with a large walled-glass tiled shower, dual sinks, standalone tub and walk-in closet. The primary bedroom also has direct access to the backyard patio and has nice separation from the two guest rooms. The high ceilings are impressive along with beautiful custom shutters and window coverings. Custom tile throughout home.The home is equipped with a solar system, 29 panels, and a home security system. The laundry room is expansive with lots of cabinetry plus adjacent walk-in oversized utility room. The backyard has a covered patio, mist system, pool, spa to enjoy desert living. Low HOA includes resort style community pool, spa, gym, outdoor BBQ, dog parks, walking trail.
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| Apr 20, 2024 | No longer available | - | |
| No longer available | |||
| Mar 18, 2024 | Listed by Pacific Sotheby's Int'l Realty | $975,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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This stunning desert-contemporary home was built in recent years by local award winning residential builder GHA Companies.This former model home is in move-in ready condition and located in the private gated community of Genesis in Palm Desert. The property sits on a corner lot, and has been lightly used since it was built. You will enjoy the easy flow of this open and spacious plan that is in pristine condition. With just under 2,600 square feet the great room is inviting, with fireplace, built-in shelving, surround sound, recessed lighting and high ceilings provide an airy open feel. The large modern kitchen island has an upgraded cascading waterfall edge, stainless steel appliances, Alkaline Purification System, walk-in pantry and formal dining room. The primary suite is stunning, expansive with a large walled-glass tiled shower, dual sinks, standalone tub and walk-in closet. The primary bedroom also has direct access to the backyard patio and has nice separation from the two guest rooms. The high ceilings are impressive along with beautiful custom shutters and window coverings. Custom tile throughout home. The home is equipped with a solar system, 29 panels, and a home security system.The laundry room is expansive with lots of cabinetry plus adjacent walk-in oversized utility room. The backyard has a covered patio, mist system, pool, spa to enjoy desert living. The low HOA includes resort style community pool, spa, gym, outdoor BBQ area, along with two gated dog parks. The manager has listed the unit size as 2541 square feet.
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| Feb 28, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017