Listed by: Michael Carle, Bennion Deville Homes
$308,000
●
House -
Off Market
203 Strada Fortuna
Palm Desert, CA 92260
3 Beds
2 Baths
1,700 Ft²
$602,973
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model
About This Property
This property is located in the gated community of Merano in the
heart of the Coachella Valley, Palm Desert. This home has a
freashly painted interior and has had new Stainless steel
appliances installed. It is a great property. It has tile floors
everywhere except in the bedrooms which have carpet. This home has
great desert mountain views and has a beautiful southern exposure
pool and spa in the rear yard to enjoy year-round. The grounds are
in desert scape so there is virtually no maintains in the front or
rear yard. The property is one of the best buys for the money in
this size of home in Merano. This is truly a great buy!!! To show
is to sell!!
Unit Size
1,700 Ft²
Days on Market
107 days
Land Size
0.17 acres
Price per sqft
$191
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
1998
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: 2 years ago (CRMLS #214011351DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2016 | Sold | ||
| Sold | |||
| Mar 30, 2016 | Listed by Windermere Homes & Estates | $349,000 | |
| Listed by Windermere Homes & Estates | |||
| | |||
|
This property is located in the gated community of Merano in the heart of the Coachella Valley, Palm Desert. This home features stainless steel appliances, beautiful 20x20 neutral taupe color tile thru-out home except bedrooms which have neutral color carpet and shows well just needs a little tlc. It is a great property.This home has great desert mountain views and has a beautiful southern exposure pool and spa in the rear yard to enjoy year-round. The grounds are in desert scape so there is virtually no maintains in the front or rear yard. The property is one of the best buys for the money in this size of home in Merano at $359,000. This is truly a great buy!!! To show is to sell!!
| |||
| Jul 7, 2014 | Sold | ||
| Sold | |||
| Mar 22, 2014 | Listed by Bennion Deville Homes | $325,000 | |
| Listed by Bennion Deville Homes | |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Michael Carle, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214011351DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214011351DA
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