Listed by: Michael Carle, Bennion Deville Homes
$335,000
●
House -
Off Market
248 Strada Nova
Palm Desert, CA 92260
2 Beds
2 Baths
1,500 Ft²
$633,639
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model
About This Property
Merano is a very desirable gated community located in the heart of
the Coachella Valley, here in Palm Desert. It offer an immeasurable
sense of elegance and unparalleled home buying value. In this
exclusive gated neighborhood of only 126 Mediterranean homes, you
will find this property. This home has a tremendous amount of
upgrades from fresh interior paint,ceiling fans, light fixtures,
alarm system, island kitchen, new carpet and pad. Ceramic tile,
garage overhead storage,beautiful rock waterfall that cascades into
the pool and spa, appealing rear yard landscaping, backs onto to
the Suncrest golf course . This property is a beautiful home and is
waiting for that buyer that just want to move in and start enjoying
the desert lifestyle. To Show is to sell !!!! To see is to buy!!!!
Unit Size
1,500 Ft²
Days on Market
62 days
Land Size
0.14 acres
Price per sqft
$226
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 #214010900DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2014 | Sold | ||
| Sold | |||
| Mar 17, 2014 | Listed by Bennion Deville Homes | $339,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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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# 214010900DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214010900DA
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