Listed by: Rachel Wills, Desert Sotheby's International Realty
$368,000
●
House -
Off Market
11398 Juniper Avenue
Morongo Valley, CA 92256
3 Beds
3 Baths,
1
Half Bath
2,968 Ft²
$499,954
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Price Reduced! Fantastic Morongo Valley hilltop property with
panoramic views, peaceful and quiet surroundings on a 1.18-acre
lot. This 2,968 square foot well built home is energy efficient
with 33 owned solar panels and two HVAC units have added. An
inviting open floor plan features vaulted ceilings with lots of
natural light. There are three large bedrooms plus a bonus area
that is currently being used as a master suite with seating area,
attached bath, plus an adjacent office/den. Each bedroom offers its
own access to an exterior patio to enjoy this serene desert
paradise. The large modern galley kitchen features lots of cabinets
and recess lighting. Enjoy summer evenings while sitting on the
covered patio overlooking the mountains and extensive cactus
garden. The perimeter of the property is fenced and gated and has a
gravel driveway to the attached 2 car garage with lots of
additional parking. Short drive to downtown Palm Springs, Pioneer
Town, and Joshua Tree. The perfect retreat from the city, second
home, or vacation rental.
Unit Size
2,968 Ft²
Days on Market
76 days
Land Size
1.18 acres
Price per sqft
$123
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983
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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 #219043671DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2022 | No longer available | - | |
| No longer available | |||
| Nov 28, 2021 | In contract | - | |
| In contract | |||
| Nov 22, 2021 | Listed by Cherie Miller & Assoc. | $493,000 | |
| Listed by Cherie Miller & Assoc. | |||
| | |||
|
Massive property with spectacular views! Coming in at almost 3,000 square feet of living space this 3 bedroom The manager has listed the unit size as 2968 square feet.
| |||
| Aug 13, 2020 | Sold | ||
| Sold | |||
| May 29, 2020 | Listed by Desert Sotheby's International Realty | $365,000 | |
| Listed by Desert Sotheby's International Realty | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
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Sold On
HOA + Taxes
About Morongo Valley
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Listed by: Rachel Wills, Desert Sotheby's International Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219043671DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219043671DA
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