Listed by: Lynda Dumas, HomeSmart
$319,000
●
House -
Off Market
38522 Fallbrook Avenue
Palm Desert, CA 92211
2 Beds
2 Baths
1,576 Ft²
$541,491
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model
About This Property
PRISTINE and RARE Fostoria model with wall removed in kitchen
creating an OPEN GREAT ROOM to Living room, Dining room, Den, and
private east facing patio. SHOWS LIKE A MODEL!! Exquisite Designer
touches. Stunning upgraded kitchen with granite slab counters,
stone backsplash, stainless appliances, upgraded cabinets. 18 inch
travertine tile throughout, carpet in bedrooms, fireplace with
stacked stone, new fans, transom windows for extra light. Double
doors lead to Master Suite, bay window with view of patio, bath
surfaces are travertine stone, double vanity, separate tub/shower,
walk in closet. Den has built in office desk. 5 inch base molding.
2 Car garage with storage cabinets. One of the sweetest homes on
the market. BUY where you LOVE to PLAY. Sun City Palm Desert!
Unit Size
1,576 Ft²
Days on Market
31 days
Land Size
0.14 acres
Price per sqft
$202
Property Type
House
Property Taxes
-
HOA Dues
$271
Year Built
1994
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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 #216016834DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2022 | No longer available | - | |
| No longer available | |||
| Jan 26, 2022 | In contract | - | |
| In contract | |||
| Jan 22, 2022 | Listed by Bennion Deville Homes | $499,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Welcome in this Fostoria plan. Open concept Living Room, Dining Room and Kitchen with adjacent Office. Living Room has cozy fireplace. Kitchen includes granite countertops and stainless appliances. Office has built in desk and shelving. Master Bedroom Suite includes full bath and walk in closet. Floors are travertine through main home, carpet in bedrooms. Newer Lennox HVAC for your heating and cooling needs. Enjoy covered outdoor patio with a peek-a-boo view of the mountains. IID Electric.Great 55+ Community with golf, tennis, pickleball, bocce, fitness center and many social clubs. The manager has listed the unit size as 1576 square feet.
| |||
| May 13, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by Berkshire Hathaway HomeServices California Properties | $439,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
|
Rarely on the market, this upgraded and remodeled Fostoria model, forerunner to the popular Morocco, features an open floor plan combining living, dining and den areas to create this unique layout. Upgraded kitchen highlights include granite countertops, cabinets and stainless steel appliances. 18'' travertine floor covering throughout the living areas and carpeting in both bedrooms. Master bath features double vanity, tub/shower combo and walk in closet. High Efficiency HVAC-Central Air Conditioner installed in 2017 as well as an Alumawood cover above the east facing patio. 2 car garage with ample storage round out this unique model home. Sun City Palm Desert amenities include two Billy Casper designed 18 hole golf course, three clubhouses with restaurants and exercise facilities, tennis, pickle and bocce ballcourts and over 80 social clubs. If you get bored here it's your own fault.
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Desert Palms
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$4,100 /mo
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Listed by: Lynda Dumas, HomeSmart
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216016834DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216016834DA
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