Listed by: Wasserman Real Estate Group, Keller Williams Realty
$250,000
●
House -
Off Market
40127 Sagewood Drive
Palm Desert, CA 92260
3 Beds
2 Baths
1,904 Ft²
$503,210
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model
About This Property
You'll love this home located in North Palm Desert on the corner of
Monterey Avenue and Country Club Drive, near Albertson's and
Bristol Farms, and within walking distance to a dozen restaurants.
This beautiful home boasts 1904 square feet with 3 bedrooms and 2
bathrooms and an attached two car garage. The home has new
carpeting, and has been freshly painted. The back yard is great for
entertaining and has a patio cover that runs the length of the back
patio. The Sagewood community has a community swimming pool,
tennis, and basketball courts. The monthly HOA is only $92 and the
home falls within the very popular Desert Sands Unified School
District boundaries.
Unit Size
1,904 Ft²
Days on Market
82 days
Land Size
0.18 acres
Price per sqft
$142
Property Type
House
Property Taxes
-
HOA Dues
$98
Year Built
1980
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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 #214084662DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 6, 2015 | Sold | ||
| Sold | |||
| Jun 13, 2014 | Listed by Keller Williams Realty | $269,900 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About Palm Desert
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Listed by: Wasserman Real Estate Group, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214084662DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214084662DA
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