$391,750
●
House -
Off Market
37983 Pineknoll Avenue
Palm Desert, CA 92211
2 Beds
2 Baths,
1
Half Bath
1,770 Ft²
$567,336
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
55+ Sun City Palm Desert. Popular Extended Morocco model located on
the golf course with mountain, fairway and sunset views. Home is 2
blocks to the main Mountain View Clubhouse with fitness center, 2
pools, post office, tennis, pickle-ball, restaurant, arts and craft
rooms. Gated courtyard perfect for enjoying your morning coffee. 2
bedrooms en-suites, Den/office, and powder bath. 10-foot ceilings
with transom windows provide a bright and cheery home. Kitchen has
chefs island, open view to dining room and patio. Den has double
doors and a built-in desk. Master has a bay window with awesome
views. Master bath has a double vanity, soaking tub, shower,
walk-in closet. The guest room has an en-suite bathroom with a
shower/tub. Powder bath too! Laundry room with cabinets and sink.
Garage with golf cart nook.
Unit Size
1,770 Ft²
Days on Market
68 days
Land Size
0.16 acres
Price per sqft
$225
Property Type
House
Property Taxes
-
HOA Dues
$298
Year Built
1999
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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: 4 months ago (CRMLS #219038032DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 8, 2020 | Sold | ||
| Sold | |||
| Mar 30, 2020 | In contract | - | |
| In contract | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Listed | $399,000 | |
| Listed | |||
| | |||
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55+ Sun City Palm Desert. Popular Extended Morocco model located on the golf course with mountain, fairway and sunset views. Home is 2 blocks to the main Mountain View Clubhouse with fitness center, 2 pools, post office, tennis, pickle-ball, restaurant, arts and craft rooms. Gated courtyard perfect for enjoying your morning coffee. 2 bedrooms en-suites, Den/office, and powder bath. 10-foot ceilings with transom windows provide a bright and cheery home. Kitchen has chefs island, open view to dining room and patio. Den has double doors and a built-in desk. Master has a bay window with awesome views. Master bath has a double vanity, soaking tub, shower, walk-in closet. The guest room has an en-suite bathroom with a shower/tub. Powder bath too! Laundry room with cabinets and sink. Garage with golf cart nook. The manager has listed the unit size as 1770 square feet.
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
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Baths
ft²
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Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Desert Palms
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Listed by: Lynda Dumas, HomeSmart
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219038032DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219038032DA
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