1
Map
$267,000
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House -
Off Market
78831 Edgebrook Lane
Palm Desert, CA 92211
2 Beds
2 Baths
1,157 Ft²
$396,839
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
The feeling in this back yard is total relaxation. It is south
facing with large patio, ample shade and sun with lush green grass.
You must experience this yourself so please make an appointment.
Unit Size
1,157 Ft²
Days on Market
109 days
Land Size
0.14 acres
Price per sqft
$233
Property Type
House
Property Taxes
-
HOA Dues
$270
Year Built
1994
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (CRMLS #219001405DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$379,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Feb 27, 2026 | Listed by Compass | $389,000 | |
| Listed by Compass | |||
| | |||
|
Sun City Palm Desert - Gorham. Just a short distance from the Mountain View Clubhouse, this charming home boasts a spacious, park-like south-facing rear yard adorned with lush landscaping, an extended patio with an alumawood cover, curbed planters, a sitting wall, and vibrant rose bushes and citrus trees--perfect for outdoor gatherings. Inside, enjoy tile floors throughout, except in the bedrooms, and vaulted ceilings in the kitchen, primary suite, and guest bedroom, creating an airy atmosphere. The kitchen is equipped with corian countertops, a breakfast bar, and a new. The primary suite offers dual closets with mirrored wardrobe doors and built-in storage, while the bathroom features dual sinks and a stall shower with textured glass doors. The guest bathroom includes a shower/tub while the guest bedroom also has a closet with mirrored wardrobe doors. Additional functional spaces include a utility room with a desk and cabinetry, and a two-car garage with built-in storage, a utility sink, and a garage opener replaced in 2025. Recent upgrades include a new water heater in 2023 and a new irrigation system in 2024.
| |||
| May 1, 2019 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Desert Palms
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Listed by: Matt and Mary Jane Murray ..., Murray Realtors
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219001405DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219001405DA
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