Listed by: Brenda Legris, Desert Bloom Realty
$305,000
●
Mobile Manufactured -
Off Market
38596 Commons Valley Drive
Palm Desert, CA 92260
2 Beds
2 Baths
1,344 Ft²
$1,972
Est. Monthly
$400
HOA / Fees
18.38%
Cap Rate
About This Property
Seller will consider to carry back 80%! You own the land! Live
among the happiest people in a well sought after community!
Enjoy mountain views through your picture-perfect window as
they cascade right into your custom crown molding that defines
freshly painted custom architectural walls accented in the Living
and dining area. New laminate flooring, new plush carpet in the
master bedroom. Both bathrooms are partially remodeled with a
soaking tub. New windows, brand new washer and dryer. New ceiling
fans throughout, Stainless steel appliances. New lighting. Freshly
exterior paint on the outside. Spend some leisure time on the patio
overlooking a mature garden throughout the property. Park your Golf
Cart in the detached shed. $400 monthly HOA fee includes
18-holes executive golfing, cable and internet, 3 community pools.
Pickel ball, bocce ball, tennis courts, club house, restaurant.
Green Aches is the place to be! Welcome Home!
Unit Size
1,344 Ft²
Days on Market
123 days
Land Size
0.10 acres
Price per sqft
$238
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$400
Year Built
1976
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #219112205DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Jan 5, 2024 | Listed by Desert Bloom Realty | $320,000 | |
| Listed by Desert Bloom Realty | |||
| Nov 16, 2023 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Brenda Legris, Desert Bloom Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219112205DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219112205DA
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017