75307 La Cresta 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.
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 |
|---|---|---|---|
| Sep 16, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Listed by Keller Williams Realty | $698,000 | |
| Listed by Keller Williams Realty | |||
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Tucked behind the quiet gates of Waring Place--just minutes from El Paseo's world-class boutiques and dining--this fully renovated corner-lot showpiece delivers one of the community's largest and most versatile four-bedroom, two-bath floor plans. Dual entry doors welcome you into an airy, open layout crowned by vaulted ceilings and grounded in sleek, monochromatic design that flows effortlessly from the great room to the chef's kitchen.A subway-tile backsplash, stainless appliances, dual ovens, farmhouse sink, and generous island make entertaining a delight, while the front-facing patio invites morning coffee with neighborhood views. Out back, a sculptural free-form pool and spa anchor the sun-splashed yard--your private resort framed by mature landscaping.Thoughtful upgrades, low HOA dues, and proximity to top-ranked Palm Desert High School add enduring value, making this residence a rare blend of style, space, and location in the heart of the desert.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 19, 2020 | Sold | ||
| Sold | |||
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017