75425 Riviera 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 |
|---|---|---|---|
| Nov 17, 2021 | No longer available | - | |
| No longer available | |||
| Nov 15, 2021 | Sold | ||
| Sold | |||
| Oct 17, 2021 | In contract | - | |
| In contract | |||
| Oct 9, 2021 | Listed by Pacific Sotheby's International Realty | $730,000 | |
| Listed by Pacific Sotheby's International Realty | |||
| | |||
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Beautiful South Facing lakefront property within the gates of Desert Horizons Country Club. In the heart of Indian Wells, this three bedroom home with a detached casita features 2736 square feet of living space. The expansive gated front courtyard welcomes guests. A double door front entry opens into a spacious living area with fireplace and wet bar. Views of the lake and mountains from the living areas and the primary bedroom are stunning! There is a casual seating area off of an updated kitchen. Appliances are newer and include a SUB-ZERO refrigerator. The kitchen is well appointed with custom cabinetry and plenty of storage. There is also a bonus room - perfect for a den or office. The primary bedroom is large and features new Esplanade porcelain floor tile. The primary bathroom has a large soaking tub, travertine walk-in shower and dual sinks with vanity area.The guest room in the house has sliding doors that open to the front courtyard and light and bright. The detached casita has an ensuite bathroom and provides a separate space for guests, a gym, or office. A beautiful expanded back patio offers wonderful outdoor entertaining spaces. It even has its own putting green! Numerous updates have been made to this beautiful home - list available upon request.Desert Horizons has an 18 hole golf course,3 tennis courts, 2 bocce and 8 pickle-ball courts! The manager has listed the unit size as 2736 square feet.
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| Sep 14, 2021 | Listed by Desert Sotheby's International Realty | $730,000 | |
| Listed by Desert Sotheby's International Realty | |||
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About Indian Wells
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$7,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017