$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
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Cap Rate Calculator
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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: 2 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
Attached Garage
Parking Features: Covered, Direct Access, Driveway, Garage, Garage Door Opener, Guest, Permit Required, On Street, Side By Side, Unassigned
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Beamed Ceilings, Wet Bar, Open Floorplan, Walk-In Closet(s), BrickWalls, BreakfastArea, SeparateFormalDiningRoom, PartiallyFurnished, AllBedroomsDown, BedroomOnMainLevel, InstantHotWater, MainLevelPrimary, MultiplePrimarySuites, PrimarySuite
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Trash Compactor, Tankless Water Heater, WaterToRefrigerator
Flooring Type: Carpet, Tile
Door Features: Sliding Doors
Has Fireplace
Fireplace Features: Gas, Gas Starter, Living Room, Masonry
Exterior Details
Has Property Attached
Square Footage: 2056
Square Footage Source: $0
Security Features: Closed Circuit Camera(s), Security Gate, Gated Community, 24 Hour Security, Security Lights
Architectural Style: Contemporary
Year Built Source: Assessor
Year Built: 1982
Builder Model: El Grande
Levels: One
Window Features: Screens, Shutters
Construction Materials: Stucco
Patio and Porch Features: Covered, Concrete
Pool Features: Community, Gunite, Electric Heat, In Ground
Pool is Private
Lot Features: Corner Lot, Landscaped, Level, On Golf Course, PlannedUnitDevelopment, SprinklersTimer, SprinklerSystem
Lot Size Area: 3485
Lot Size Units: Square Feet
Lot Size Acres: 0.08
Lot Size Square Feet: 3485
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric, Forced Air, Fireplace(s), Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Earthquake Insurance
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Golf Course, Maintenance Grounds, Game Room, Meeting Room, Recreation Room, Security, Tennis Court(s), Trash, Cable TV, Water, BocceCourt, ControlledAccess, MeetingBanquetPartyRoom, PetRestrictions
HOA Fee: $550
HOA Fee Frequency: Monthly
Condo/Coop Fee: $315
Condo/Coop Fee Frequency: Monthly
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
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Listed by: Michele Kaner, HomeSmart
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219066614DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219066614DA
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