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77935 Delaware Place
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What does this mean?
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Oct 19, 2026 | Listed by Keller Williams Luxury Homes | $2,500,000 | |
| Listed by Keller Williams Luxury Homes | |||
| Jun 17, 2025 | Sold | ||
| Sold | |||
| May 26, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed by The Agency | $1,099,000 | |
| Listed by The Agency | |||
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Rare opportunity to acquire a private, gated estate in Palm Desert with limitless potential for various living arrangements or income opportunities, currently zoned for Short-Term Rental. Buyer to verify. Sited on 1-acre of flat, usable space, this residence is gated, private, surrounded by mature trees, and boasts 4 bedrooms, 5 bathrooms, main house, and a casita. The main house features 3 bedrooms, 4 bathrooms, and a bright, open-floor plan. Walls of glass sliding doors in the living room allow for easy indoor-outdoor entertaining and views of the massive backyard. The kitchen opens seamlessly into the living areas and boasts two sinks, a massive island with built-in JennAir cooktop, plenty of cabinet space, a breakfast counter, and walk-in pantry. At the center of the living areas is a see-through fireplace with bench seating. The primary bedroom is expansive, and features an en-suite bathroom with two vanities, large walk-in shower, walk-in closet, fireplace, and a private patio. Direct access to the 3-car garage with laundry and storage cabinets rounds out the main house. The detached 1-bedroom 1-bathroom casita is beautifully appointed with an open floor-plan, stainless-steel appliances, laundry room with a new washer/dryer, tankless water heater, and has its own 2-car garage with plenty of storage space. The backyard offers unparalleled privacy and is surrounded by tall, mature trees, with minimal maintenance required. The opportunities here are endless: putting-green, room for a pool/spa, beach volleyball, the list goes on. Capitalize on the ability to generate income in one of the few Palm Desert areas allowing short-term rentals. ADDITIONAL FEATURES: solar panels on the main house, Central AC + an evaporative cooling system, irrigation system. Driveway is gated and in addition to the main house 3-car garage and casita 2-car garage, there's a ton of driveway parking space. Just a few miles away from: El Paseo Shopping & Dining, Indian Wells Tennis Garden, Acrisure Arena.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017