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76140 Fairway 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 |
|---|---|---|---|
| Sep 22, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by Desert Sotheby's International Realty | $1,395,000 | |
| Listed by Desert Sotheby's International Realty | |||
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Grace, Peace, balance & Serenity abound in this inviting, reimagined mid-century modern home in the desirable neighborhood of Indian Wells California. The owners have completely remodeled this modern home with a truly open concept, Colossal living room ceilings, open spaces and sliders that lead to a large, peaceful and ultra private backyard with built in BBQ island and unique kidney shaped saltwater pool & spa. No expense was spared in the full remodel of this 3 bedroom 3 bath beauty including 1 bedroom detached casita. Cook in your gourmet chef's kitchen with sub zero refrigerator , cove dishwasher , custom cabinetry with wolf dual range. Family and friends can kick off their shoes in the living room with a cocktail in front of the fireplace listening to classical jazz . Offered Furnished.Home was taped at 2700 Sqft. ( Buyer to Verify). Home was built in 1963 and went through a complete remodel in 2011 and again in 2020. There are no HOA dues. Property is located walking distance to El Dorado and Vintage Golf clubs and golf cart ride from Indian Wells Country Club.As an Indian Wells Home owner you get discounts to the city restaurants, discounted golf at IW golf resort and 2 tickets per household to the tennis tournament held in March
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| Feb 11, 2022 | Sold | ||
| Sold | |||
| Feb 7, 2022 | Listed by Desert Sotheby's International Realty | $1,300,000 | |
| Listed by Desert Sotheby's International Realty | |||
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About Indian Wells
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017