79351 Bowden Drive
About This Property
NEWLY remodeled house, very spacious with vaulted ceilings, is extremely comfortable to call home, or vacation home, and/or your next profitable income property. Close proximity to Palm Springs, Coachella fairgrounds, Indian Wells Tennis, the new Acrisure Arena for live concerts, world renown golf courses, boutique shopping, casinos, and a short distance to Palm Springs events all year-long. Can be sold turnkey, fully furnished with all housewares; ready to generate income on day one! Great investment opportunity. NEW pool and spa, putting green, firepit, exterior and interior paint, luxury vinyl plank flooring, new bathrooms, windows, HVAC, garage door opener, thermostat, landscaping, and more. TURNKEY!
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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 |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Listed by Christie's Int. R.E SoCal | $699,999 | |
| Listed by Christie's Int. R.E SoCal | |||
| Jun 8, 2025 | Price Increased |
$749,000
↑ $24K
(3.3%) | |
| Price Increased | |||
| May 24, 2025 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017