Listed by: Carol Appel, HomeSmart
$490,000
●
House -
Off Market
3704 Meadow View
Palm Springs, CA 92262
2 Beds
2 Baths
1,206 Ft²
$595,625
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
The picture says it all, classic Palm Springs, blue skies, sunshine
and Palm Trees! With that backyard view, you will feel like
you are on vacation every day of your life! This house has
been well maintained inside and out. Perfect vacation home or
full time residence! Large great room has cozy fireplace for
those rare cool winter evenings. Large island for cooking and
counter seating. Has Large pantry and inside laundry room.
Two car attached garage. Wander outside to your private
oasis with large pool and spa, spectacular views and nice outdoor
seating or dining area. This is also one of the rare smaller
homes with private gated RV parking! The community has
community pools, spas, tennis courts, basketball court, BBQ /
picnic area, playground, walking trails, and roving patrol. Super
low HOA dues at 120/month. You own the land! Located
just off Palm Canyon, a short drive to dining, shopping,
entertainment and the Palm Springs Tram.
Unit Size
1,206 Ft²
Days on Market
23 days
Land Size
0.20 acres
Price per sqft
$397
Property Type
House
Property Taxes
-
HOA Dues
$120
Year Built
2004
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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 #219058176DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed by HomeSmart | $479,000 | |
| Listed by HomeSmart | |||
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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ft²
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About Mountain Gate
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Listed by: Carol Appel, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058176DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058176DA
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