Listed by: Michele Kaner, HomeSmart
$425,000
●
Condo -
Off Market
1 Maximo Way
Palm Desert, CA 92260
3 Beds
3 Baths
2,056 Ft²
$506,454
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
This Palm Desert home is within Chaparral Country Club that
features a TedRobinson designed executive golf course with
spectacular mountain and lake views. 1 Maximo is a corner
unit overlooking the course surrounded by mountains, 21 pools and
spas, and a club house that serves 3 meals daily, a library, and a
new fitness center making this the perfect desert destination. This
home is in the heart of Chaparral, offering quaintness and privacy
to you. The home has 3 bedrooms, 3 bathrooms with amazing
Western views of the mountains and golf course off your back patio.
Perfect for a morning cup of coffee or a late night cocktail. Condo
is original but does have shutters on most of the windows and is
well taken care of. With a little TLC, 1 Maximo could be your
perfect home away from home. Newer TANKLESS WATER HEATER and
HVAC as well as Dishwasher and Refrigerator replaced within the
past 5 years. Don't miss this opportunity to own this gem in
Chaparral. Make your appointment today!
Unit Size
2,056 Ft²
Days on Market
40 days
Land Size
0.08 acres
Price per sqft
$219
Property Type
Condo
Property Taxes
-
HOA Dues
$865
Year Built
1982
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (CRMLS #219066614DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by HomeSmart | $450,000 | |
| Listed by HomeSmart | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Covered, Direct Access, Driveway, Garage, Garage Door Opener, Guest, Permit Required, On Street, Side By Side, Unassigned
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 4
Interior Details
Bedrooms: 3
Full Bathrooms: 3
Levels: One
Interior Features: Beamed Ceilings, Wet Bar, Brick Walls, Breakfast Area, Separate Formal Dining Room, Open Floorplan, Partially Furnished, All Bedrooms Down, Bedroom On Main Level, Instant Hot Water, Main Level Primary, Multiple Primary Suites, Primary Suite, Walk In Closets
Appliances: Dishwasher, Electric Cooktop, Electric Cooking, Electric Oven, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Trash Compactor, Tankless Water Heater, Water To Refrigerator
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Has Fireplace
Gas, Gas Starter, Living Room, Masonry
Exterior Details
Year Built: 1982
Parcel Number: 622212001
Home Type: Residential
Architectural Style: Contemporary
Foundation Details: Slab
Roof: Clay
Window Features: Screens, Shutters
Construction Materials: Stucco
Outdoor Living Structures: Concrete, Covered
Spa Features: Community, Gunite, Heated
Private Pool
Pool Features: Community, Gunite, Electric Heat, In Ground
Lot Information: Corner Lot, Landscaped, Level, On Golf Course, Planned Unit Development, Paved, Sprinklers Timer, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.08
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric, Forced Air, Fireplaces, Natural Gas
Utilities: Cable Available
Location Details
Association Fee Includes: EarthquakeInsurance
Association Amenities: Bocce Court, Clubhouse, Controlled Access, Fitness Center, Golf Course, Maintenance Grounds, Game Room, Meeting Room, Meeting Banquet Party Room, Pet Restrictions, Recreation Room, Security, Tennis Courts, Trash, Cable Tv, Water
Association Fee: $550
Association Fee Frequency: Monthly
Association Fee2: $315
Association Fee2 Frequency: Monthly
Association Fee3 Frequency: Monthly
Community Features: Golf, Gated, Pool
Security Features: Closed Circuit Cameras, Security Gate, Gated Community, Twenty Four Hour Security, Security Lights
Subdivision: Chaparral C.C.
High School: Palm Desert
Subdivision Name: Chaparral C.C.
Directions: Enter Country Club from Portola Drive go straight until the street ends turn right, onto Conejo continue turn right to 1 Maximo the first house on the left corner. Cross Street: Conejo Circle.
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/19/2021
| |
3 Bed
|
3 Bath
|
2056 ft²
|
$450,000
3 Bed
3 Bath
2056 ft²
|
$425,000
-5.56%
10/02/2021
|
Michele Kaner
HomeSmart
|
Building Info
About Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Michele Kaner, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219066614DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219066614DA
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017