Listed by: Michael Carle, Bennion Deville Homes
$333,000
●
House -
Off Market
218 Corte Sole
Palm Desert, CA 92260
3 Beds
2 Baths
1,910 Ft²
$643,013
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model
About This Property
This property is located is the premiere gated community of Merano.
This property has been well care for and maintained and it has
every possible amenity you could want in a home. Courtyard entry
with beautiful water fountain, living room has a custom designed
chestnut fireplace mantle, Two bedrooms two baths plus his and her
offices, Top of the line GE Monogram appliances, pull out drawers
in most cabinets, built in Nutone appliances center, foyer and
kitchen floors finished in travertine, walk-in closets in master
have custom built-ins, ceiling fans throughout home. Built garage
storage. Music system inside and out, Cover out door kitchen BBQ,
with refrigerator, and sink, Beautiful curved sparkling pool and
spa with beautiful desert landscaping. The whole property is closed
in by white slump-stone block walls. The desert scaped grounds sit
on one of Merano's biggest premium lots over 9500 sq. ft. on a
cul-de-sac lot with over 1900 sq. ft. of living space. This is
truly a must see.
Unit Size
1,910 Ft²
Days on Market
119 days
Land Size
0.22 acres
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
1995
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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 #215000520DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 4, 2015 | Sold | ||
| Sold | |||
| Jan 5, 2015 | Listed by Bennion Deville Homes | $359,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Palm Desert
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Listed by: Michael Carle, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 215000520DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 215000520DA
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