Listed by: Shirley Myers, Gallery Marketing Group, Inc.
$1,549,166
●
House -
Off Market
264 Palladium Boulevard #LOT348
Palm Springs, CA 92262
3 Beds
4 Baths,
1
Half Bath
3,215 Ft²
$7,781
Est. Monthly
$450
HOA / Fees
3.26%
Cap Rate
About This Property
New Construction ready 11/15/23. Residence 4 - The Belice by
Gallery Homes include a spacious 3 bedroom/3.5 bath home in 3215
square feet with detached casita, swimming pool, solar and
landscape package. Open great room concept with 22 feet high
ceiling, gourmet kitchen, formal dining room with wine room, first
floor master, second floor has loft/media room, bedroom number 2
with walk out deck. Out back includes a large covered patio with
pool and views of the Olive Groves. This home includes many
upgrades. NOTE: Pics shown in the listing are of Gallery's Model 4
and not of the actual home on lot 348.
Unit Size
3,215 Ft²
Days on Market
187 days
Land Size
0.15 acres
Price per sqft
$464
Property Type
House
Property Taxes
-
HOA Dues
$450
Year Built
2024
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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 #24391001)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| May 12, 2024 | Listed by Gallery Marketing Group, Inc. | $1,492,911 | |
| Listed by Gallery Marketing Group, Inc. | |||
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
Status
Type
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Baths
ft²
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Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Springs
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Listed by: Shirley Myers, Gallery Marketing Group, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 24391001
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 24391001
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