Listed by: Maria Richards, Weichert Realtors-Preferred
$324,225
●
House -
Off Market
35194 Flute Avenue
Palm Desert, CA 92211
2 Beds
2 Baths
1,667 Ft²
$416,593
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Located in gated Sun City Palm Desert 55+ community (named
specifically by Money magazine as one of 'The 8 Best Places to
Retire in America') with surprisingly low HOA dues. This lovely HUD
owned property offers high ceilings, transom windows, 2 large
bedrooms and bathrooms, a separate office/den with attached
shelving, an eat-in kitchen with center island, a large master
bedroom closet, plenty of storage space throughout the house and an
extended oversized 2 car garage. Enjoy the morning sun from the
quaint front courtyard patio or from the large fenced rear patio.
The endless community amenities include: 2 highly rated golf
courses, 5 swimming pools, 2 fitness centers, tennis courts, 80+
clubs and groups and so much more. It is in close proximity to the
clubhouse, swimming pool, and Boulevards restaurant. This home
provides everything you need to live the resort-lifestyle of your
dreams, where every day feels like you are on vacation.
Unit Size
1,667 Ft²
Days on Market
61 days
Land Size
0.14 acres
Price per sqft
$196
Property Type
House
Property Taxes
-
HOA Dues
$316
Year Built
2003
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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 #219053967DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2021 | Sold | ||
| Sold | |||
| Dec 2, 2020 | Listed by Weichert Realtors-Preferred | $327,500 | |
| Listed by Weichert Realtors-Preferred | |||
Property Highlights
Air Conditioning
Parking Available
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Desert Palms
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Listed by: Maria Richards, Weichert Realtors-Preferred
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219053967DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219053967DA
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