Listed by: Dale Hebert, First Team - JW Marriott
$135,000
●
Mobile Manufactured -
Off Market
38501 Cactus Lane
Palm Desert, CA 92260
2 Beds
2 Baths
1,740 Ft²
$251,955
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model
About This Property
Immaculate home, land included, at a premier Over 55 community on
an large cul-de-sac view lot, long driveway with covered
side-by-side parking for up to 5 cars. For just $256 per month HOA
dues this extraordinary 24-hour gate guarded golf resort includes
green fees, cable T.V. and trash pick-up. Large living and dining
rooms with sculptured carpet and plantation shutters. Separate den
with double paned vinyl slider to full length, 60 foot, covered
patio. Huge bonus room with two closets and vinyl slider. Spotless
cozy kitchen featuring a built-in eating area, new dishwasher and
two pantries. Elegant master suite with murals in bedroom and bath,
dual sink vanity and remodeled shower. Generous sized guest bedroom
and lovely guest bath. Inside laundry. Ceiling fans throughout.
Lush rear yard with deck. Walk to rec center with pool, tennis,
indoor shuffleboard, library and card room. Fabulous clubhouse with
dining, pool, spa, tennis, gym, bocci, pickle ball, sauna and more!
Unit Size
1,740 Ft²
Days on Market
24 days
Land Size
0.12 acres
Price per sqft
$78
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$256
Year Built
1972
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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 #214084866DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2014 | Sold | ||
| Sold | |||
| Oct 19, 2014 | Listed by First Team - JW Marriott | $135,000 | |
| Listed by First Team - JW Marriott | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Palm Desert
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Listed by: Dale Hebert, First Team - JW Marriott
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214084866DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214084866DA
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