Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
$377,000
●
House -
Off Market
287 Strada Fortuna
Palm Desert, CA 92260
3 Beds
2 Baths
1,590 Ft²
$709,941
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model
About This Property
This home features a premium corner location with southern views in
the gated community of Merano. The over-sized yard included an
impressive pool/spa, and tons of space for family fun or
entertaining. Offering 3 bedrooms, a den and 2 baths, this home is
perfect to enjoy either your primary or desert vacation home.
Stepping inside you find features that include large tile floors in
the great room and family room and a cozy double-sided fireplace.
The adjacent kitchen area is open to the nearby dining area and
offers open views of the pool and patio areas. The master suite
opens to the pool area and features abundant natural lighting and
handsome master bath with dual sinks and shower/tub combo. The
guest rooms and den are just the right sizes. The gated community
of Merano is close to shopping including a Bristol Farms market
that's walking distance, dining, shopping and lots of fun
activities.
Unit Size
1,590 Ft²
Days on Market
69 days
Land Size
0.27 acres
Price per sqft
$252
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
1995
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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: 3 years ago (CRMLS #215017196DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2015 | Sold | ||
| Sold | |||
| Jun 23, 2015 | Listed by Keller Williams Luxury Homes | $400,000 | |
| Listed by Keller Williams Luxury Homes | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Palm Desert
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Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215017196DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215017196DA
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