Listed by: John Anselmo, RE/MAX Consultants
$198,500
●
Mobile Manufactured -
Off Market
38551 Cactus Lane
Palm Desert, CA 92260
2 Beds
2 Baths
1,404 Ft²
$374,472
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model
About This Property
Newer 2009 Golden West custom double Energy Star Rated home,2/2
plus den/office,2x6 construction,permanent foundation, numerous
upgrades,drywall,20x20 Italian glazed stoneware flooring in main
areas,upgraded Shaw carpeting in bedrooms & office.Master bath has
a large polished quarry tile shower with glass enclosure,double
vanity sinks,upgraded GE appliances in kitchen,a large pantry &
island. Outside features include a patio with gazebo style Pergola
roofing with light & fan,desert landscaping, a 5 ft. privacy block
wall, swamp cooler & a Guardian 3.5 Ton 13 SEER air
conditioner.SOLD FURNISHED. PDG ,an over 55 community,with a
private 18 hole golf course,3 swimming pools,tennis courts,bocci
ball,indoor shuffleboard court,library,clubhouse and restaurant,
has 24 hour roving security. The low HOA dues of $251/mo. includes
unlimited golf for owners on title,trash pickup,cable TV,and a
guard-gated entrance. A wonderful resort type community in the
desert! This home is a must see
Unit Size
1,404 Ft²
Days on Market
388 days
Land Size
0.09 acres
Price per sqft
$141
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$251
Year Built
2009
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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 #21472650DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2014 | Sold | ||
| Sold | |||
| Mar 18, 2013 | Listed by RE/MAX Consultants | $198,500 | |
| Listed by RE/MAX Consultants | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palm Desert
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Listed by: John Anselmo, RE/MAX Consultants
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21472650DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21472650DA
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