Listed by: Michael Carle, Bennion Deville Homes
$367,500
●
House -
Off Market
227 Strada Fortuna
Palm Desert, CA 92260
3 Beds
2 Baths
1,700 Ft²
$726,301
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model
About This Property
This home is located in one of Coachella Valleys most desirable
location. Merano delivers an immeasurable sense of elegance and
unparalleled home buying value.Best of all is the convenience of
this neighborhood to fine nearby schools,shopping,recreation and
dinning as well as the 5 star Eisenhower Medical Center.This
property has a wonderful south facing rear yard with a pebble tec
pool and spa for year round enjoyment as well as numerous upgrades
that includes granite counters and full underneath cabinet granite
backsplash, stainless steel appliances, built in wine cooler,center
island in the kitchen w/granite counter top,ceramic tile, carpet
,paint, ceiling fans in all rooms, near new variable speed pool
pump for electrical savings, as well as numerous other upgrades.
This home is a must see property and your clients will not be
disappointed for the price, it is truly a remarkable value for the
asking price. To see this property is to buy!!!!!
Unit Size
1,700 Ft²
Days on Market
77 days
Land Size
0.15 acres
Price per sqft
$224
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
1998
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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 #214000396DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2014 | Sold | ||
| Sold | |||
| Jan 3, 2014 | Listed by Bennion Deville Homes | $381,000 | |
| 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
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Status
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Type
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ft²
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Asking Price
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# 214000396DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214000396DA
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