963 Mesa Grande Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Jan 8, 2026 | In contract | - | |
| In contract | |||
| Nov 27, 2025 | Listed by Bennion Deville Homes | $2,795,000 | |
| Listed by Bennion Deville Homes | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| May 16, 2018 | Listed | $1,150,000 | |
| Listed | |||
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South-Facing Ocotillo 1G with Casita and private SPA and Beautiful Golf Course, Lake and Mountain VIEWS in desirable Indian Ridge Country Club. Popular 4 BR, 4.5 Bath Open Great-Room Floor Plan featuring a gated Formal Entry with pavers and desert landscaping. Eat-in Gourmet Kitchen with stainless steel appliances, double ovens, granite counters, large island and huge walk-in pantry. Formal Dining Room, Great Room with Fireplace and Built-in Cabinetry, and Spacious Master Suite with two walk-in closets. Each Bedroom has its own Bath plus a lovely Powder Room for guests. Large utility room off the two car plus golf cart garage. Upgrades include custom window coverings, ceiling fans, custom built-ins, lighting, granite, tile, epoxy garage floor, built-in vacuum & custom paint. The South-Facing, covered Patio features a large private SPA and built-in BBQ & overlooks Fairway #9 on the Arroyo Course with Beautiful Golf Course, Lake and Mountain Views. Offered Furnished per inventory list. The manager has listed the unit size as 3371 square feet.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017