Listed by: Lola Breeze, Lola Breeze, Broker
$145,000
●
Mobile Manufactured -
Off Market
38616 Commons Valley Drive
Palm Desert, CA 92260
2 Beds
2 Baths
1,344 Ft²
$238,926
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model
About This Property
Priced to Sell! Make An Offer! Reduced Price! Great Location on a
corner lot close to the Recreation Center. The first thing you will
notice is the Mountain View from the large side patio and also from
the front Living Room/ Dining Room Area with a built in Hutch. The
kitchen has an eating bar island with a new gas stove top. The gas
oven is also new. There is also plenty of cupboard space! The
kitchen opens into the family room and has a sliding door out to
the parking area which is also a covered patio. There is parking on
both sides of the home which makes for easy golf cart access or two
cars. The bedrooms are off the family room with the master suite at
the rear of the home and the guest bedroom and bath to the side of
the family room. The home has a new furnace and a newer washer and
dryer. The view and the location of this property are what makes
this home a great place to enjoy Desert Living! New Low Price!
Unit Size
1,344 Ft²
Days on Market
132 days
Land Size
0.09 acres
Price per sqft
$108
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$267
Year Built
2021
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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 #216032282DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2017 | Sold | ||
| Sold | |||
| Nov 1, 2016 | Listed by Lola Breeze, Broker | $145,000 | |
| Listed by Lola Breeze, Broker | |||
Property Highlights
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
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Listed by: Lola Breeze, Lola Breeze, Broker
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216032282DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216032282DA
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