Listed by: Corinne Zajac, Bennion Deville Homes
$1,120,000
●
House -
Off Market
22 Taylor Avenue
Palm Desert, CA 92260
4 Beds
5 Baths,
1
Half Bath
3,571 Ft²
$1,411,345
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
***Price***Reduced***$100,000***Amazing opportunity to own this
stunning Mediterranean style custom designed home in Montecito,
located at the end of a cul-de-sac with ample parking. Backs up to
Desert Willow Golf course and is just a short, golf cart ride away.
Magnificent west views of the Santa Rosa mountains from the walls
of glass overlooking the pool. Open floor plan, beautiful
travertine floors, customized recessed lighting, gorgeous stone
fireplaces and French doors throughout. Large home office with
ensuite bathroom, gourmet kitchen with upgraded cabinets, custom
backsplash and well equipped wet bar. Opulent master suite offers a
cozy fireplace and well-appointed master bathroom with dual walk in
closets. Spacious guest bedrooms all with ensuite bathrooms, one
has a steam shower. The backyard is perfect for entertaining family
and friends with custom pool, waterfall features and mountain
views. This is a must see plus has low HOA fees, conveniently
located close to shopping, fine restaurants, plenty of golf
courses.
Unit Size
3,571 Ft²
Days on Market
96 days
Land Size
0.26 acres
Price per sqft
$318
Property Type
House
Property Taxes
-
HOA Dues
$185
Year Built
2000
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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 #219054706DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2021 | Sold | ||
| Sold | |||
| Dec 16, 2020 | Listed by Bennion Deville Homes | $1,135,000 | |
| 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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Type
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Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Desert
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Listed by: Corinne Zajac, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219054706DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219054706DA
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