948 Mesa Grande Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 15, 2023 | No longer available | - | |
| No longer available | |||
| Oct 19, 2023 | In contract | - | |
| In contract | |||
| Sep 23, 2023 | Listed by The Agency | $1,650,000 | |
| Listed by The Agency | |||
| | |||
|
Fabulous Remodel! INDOOR OUTDOOR LIVING! Golf Membership Available to Buyer - no wait! This highly upgraded home is stunning! Elevated views of lake, mountains & golf course Arroyo #2. The open floor plan of this Bougainvillea 2 model has been re-designed - pony walls have been removed, the dining room is currently an office, and the wet bar re-configured, creating seamless and spacious entertaining spaces! Some of the many upgrades include high living room ''pocket'' slider doors, electric window shades in great room & modern plank flooring throughout the home that extends out on to the patio. FURNISHED PER INVENTORY! Expansive back patio features updated landscaping, private spa, built-in BBQ & several areas for entertaining & lounging. New dining area w/built-ins adjoins the Kitchen & opens to patio & BBQ area, for ease of entertaining. Kitchen features soft-close cabinetry, modern countertops & GE Profile stainless appliances. Spacious master suite features en suite bath w/soaking tub, separate shower & dual vanities. Two well-appointed guest rooms are also en suite to offer privacy for your guests. Attached two car + golf cart garage has epoxied floors & great storage. Home is conveniently located between 2 community pools & is just a short golf cart ride to the Clubhouse, Fitness Center & tennis/sports courts. Indian Ridge CC is a private equity-owned Club in the heart of Palm Desert and features 2 golf courses, Clubhouse with dining, Fitness Center and more! The manager has listed the unit size as 2742 square feet.
| |||
| May 4, 2021 | Sold | ||
| Sold | |||
| May 3, 2021 | Listed by Bennion Deville Homes | $1,085,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,800 /mo
- 2 Beds
- 2 Baths
- 1,330 ft²
$6,500 /mo
- 2 Beds
- 2 Baths
- 1,330 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017