75390 Skylark Trail
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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 |
|---|---|---|---|
| May 5, 2024 | No longer available | - | |
| No longer available | |||
| Apr 29, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by Keller Williams Realty | $1,699,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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ESSENTIAL INDIAN WELLS! Built by an architect as a gift for his wife, this sensational opportunity at Skylark Trail has changed hands only twice. A carefully curated 3-year renovation takes things to a new level. 4 bedrooms, 3.5 baths, and 2,604 square feet. Guests will delight in the big reveal when the front door swings open! Straight ahead, poolside bliss and blue skies! A 20-foot glass folding door tucks away ever so perfectly to create this moment. There's new interior paint throughout and Italian tile underfoot. Another set of doors swing open off the dining area to continue this theme of indoor-outdoor flow. Effortless flow for the living, dining, and chef's kitchen is another moment with mountain views in the living room. LOVING the mix of dining + conversation areas around the property. The architect's U-shape design frames the pool + patio and makes for a wonderful separation of bedrooms. You have a choice of two primary bedrooms. Both feature direct access to the pool terrace. Don't miss the al fresco dining area with grapefruit, lemon, and dwarf oranges working their MAGIC. Custom outdoor lighting too. Living garden walls + new landscaping wrap the entire property for extra privacy. New bluetooth outdoor speakers and built-in gas grill. Noteworthy (and newer) upgrades include: 2 energy efficient HVAC systems with digital thermostats, owned solar (net positive for the current owners which includes car charging), new water heaters, pool pump, pool heater, Ring alarm system with sensors for the entire home plus new garage door system which is operable while away from home. Oversized garage w/ new epoxy flooring and door, built-in storage, and Tesla speed charger. Room for a golf cart or home gym. Proximity to the best of Indian Wells' walkable neighborhoods is another plus. El Paseo is a short hop away. Quiet cul-de-sac living in the heart of town! Enjoy it all. The manager has listed the unit size as 2604 square feet.
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| Jan 19, 2024 | No longer available | - | |
| No longer available | |||
| Nov 21, 2023 | Price Decreased |
$1,799,000
↓ $21K
(1.2%) | |
| Price Decreased | |||
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About Rancho Palmeras Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017