Listed by: Michael Waxman, Redfin Corporation
$670,000
●
House -
Off Market
110 Corte Bella
Palm Desert, CA 92260
3 Beds
2 Baths
1,700 Ft²
$3,523
Est. Monthly
$90
HOA / Fees
11.00%
Cap Rate
About This Property
Introducing an impeccable residence, nestled at the end of a serene
cul-de-sac within the gated Merano community of Palm Desert. This
meticulously maintained home offers tranquility, convenience, and
the epitome of modern living with great curb appeal, a spacious
floor plan, vaulted ceilings, recessed lights, and a private pool
and spa! Boasting 3 bedrooms and 2 bathrooms, this home is designed
for comfort and relaxation. The remodeled kitchen and bathrooms
showcase tasteful design and functionality, elevating the home's
appeal. This turnkey property includes all appliances, including a
washer and dryer. There is a 2-sided fireplace between the living
room and the family room, as well as abundant natural light
throughout the day. Upgraded systems, including a newer HVAC with a
Smart Thermostat and newly installed water heater, ensuring
efficiency and peace of mind. Don't miss the opportunity to call
this Merano masterpiece your own! Conveniently located across the
street from Bristol Farms and several restaurants and shops.
Unit Size
1,700 Ft²
Days on Market
85 days
Land Size
0.14 acres
Price per sqft
$411
Property Type
House
Property Taxes
-
HOA Dues
$90
Year Built
1999
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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: 3 years ago (CRMLS #219112878DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Redfin Corporation | $699,000 | |
| Listed by Redfin Corporation | |||
| May 6, 2022 | No longer available | - | |
| No longer available | |||
| Apr 7, 2022 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Palm Desert
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Listed by: Michael Waxman, Redfin Corporation
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219112878DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219112878DA
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