80741 Desert Spur Drive
About This Property
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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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by Equity Union | $639,999 | |
| Listed by Equity Union | |||
| Jan 24, 2025 | Listed | $669,900 | |
| Listed | |||
| | |||
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Amazing opportunity to purchase this Short Term Rental home, equipped with everything needed to takeover and start generating cash flow from day one. Features spacious pool and spa in the backyard with a great patio that is perfect for entertaining with friends and family. There is a mini split AC installed in the garage/game room. No Rental Restrictions, and No HOA. New Central AC installed in 2021. With the Coachella Festival less than 1 mile away, this property is ideal for both living and short-term luxury rental opportunities. Move right in and embrace the desert lifestyle! Furniture can be sold outside of escrow for an easy transition. Great location near the festivals, polo fields, tennis tournaments, golf course, casino, shopping, trails, dining, and much much more.
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| Oct 15, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017