$538,000
●
House -
Off Market
269 Strada Nova
Palm Desert, CA 92260
3 Beds
2 Baths
1,500 Ft²
$2,732
Est. Monthly
$90
HOA / Fees
9.89%
Cap Rate
About This Property
This property is located within the highly desirable gated
community of Merano. This home has been very well maintained by the
present owners and upgraded and remodeled. The many upgrades
include a remodeled kitchen with upgraded cabinetry, granite
counters and stainless-steel appliances. The kitchen leads out to
the rear yard patio and spa area for entertaining and enjoyment of
the wonderful mountain views to the west. The home has also been
upgraded throughout with beautiful large tile floors with high
grade carpeting. The Guest bath and Primary bath have been also
upgraded with granite counter tops, cabinets and vessel sinks. The
Primary bedroom has a large walk-in closet with more than enough
room for clothes and storage. The Primary bedroom also has a glass
slider door that leads out to the rear yard entertainment area.
The home has three bedrooms, and one is being used as a den
or can be used as an office. This charming home is located in the
heart of Palm Desert convenient to stores, restaurants and medical
offices. To show is to sell
Unit Size
1,500 Ft²
Days on Market
28 days
Land Size
0.14 acres
Price per sqft
$359
Property Type
House
Property Taxes
-
HOA Dues
$90
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 #219135239DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Listed by Windermere Real Estate | $538,000 | |
| Listed by Windermere Real Estate | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Desert
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Listed by: Michael Carle, Windermere Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219135239DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219135239DA
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