74613 Peppertree Drive
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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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | Listed by Windermere Real Estate | $625,000 | |
| Listed by Windermere Real Estate | |||
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This desert home is a dream come true! The blend of modern updates and natural light make it such a welcoming space. There is new flooring throughout and an addition of recessed lighting. And check out the large sliding glass doors leading to the backyard, it truly makes for a bright and light living space. The kitchen's European flat panel cabinets and quartz countertops add style and sophistication while the stainless steel appliances add a nice sleek touch. This is a large space with plenty of room for a hearty dining table.Both bathrooms received thoughtful updates as well, ensuring that every corner of the home exudes style and functionality. I count it as a bonus to have a spacious primary bedroom for unwinding after a long day and this home has got that! I could imagine a future hot tub right outside those sliding doors too.The backyard could be a lovely retreat with its new sod and block walls, offering both privacy and a peaceful atmosphere. I Imagine a fabulous covered pergola extending the length of the house...complete with party lights and desert ambience-taking the indoors out!Pepper Tree offers a spacious garage with built-in storage as a practical bonus.The location is truly the cherry on top--close to golf courses, hiking trails, dining, shopping, and the vibrant energy of Palm Desert. It seems like the perfect spot for those who want to enjoy an active lifestyle while still having a serene oasis to come home to.
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| Dec 13, 2022 | Sold | ||
| Sold | |||
| Oct 4, 2022 | Listed by Fiv Realty Co | $574,900 | |
| Listed by Fiv Realty Co | |||
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Price Reduced!!!1960's ranch-style home in the highly desirable South Palm Desert neighborhood. Located minutes from The Shops on El Paseo and award-winning schools, this 4-bedroom, 2-bathroom gem has original aesthetics throughout. A mid-century rock wall entryway with an expansive front drive, lush desert landscaping, and Santa Ana Mountain views graces the northside of this home. This mid-century classic layout includes a natural-light den with an original brick fireplace and built-in cabinets, adjacent to the kitchen, breakfast bar, and dining area with sliders to the patio throughout. The back patio features an elevated garden with plenty of space for lush landscape and intimate ambiance. Separate laundry room leads to the garage, equipped with abundant storage space and potential golf cart barn conversion. This property is not subject to HOA fees.
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About Shadow Hills Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017