Listed by: Donna Brown, Virginia Cook & Associates
$340,000
●
House -
Off Market
40357 Sagewood Drive
Palm Desert, CA 92260
4 Beds
2 Baths
2,155 Ft²
$680,242
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model
About This Property
Everyone looks better w/a makeover, including this updated &
remodeled from top to bottom, move-in ready home on a corner lot in
a location that can't be beat.A short walk to Albertson's & Bristol
Farms,lots of restaurants & shops..you name it.The low HOA dues of
$92.00 per month offer a rarely used community pool &
spa,tennis,basketball courts,greenbelt area-virtually NO WIND!This
4 bed/2 bath home is just stunning-you will hardly believe it.No
more sunken living room-now a level,open front room,family
room,updated & remodeled kitchen w/ slab granite counter tops
w/brand new,never used appliances,stacked stone kitchen
island,pantry,desk-I mean,like WOW!All regular windows are now
replaced w/dual pane windows,new paint inside & out,new landscaping
w/established citrus tress, 2 remodeled bathrooms,new tiled floors
& carpet,romantic floor to ceiling fireplace.New fixtures
throughout.Cathedral ceilings.One step inside & you'll leave
knowing you have found THE ONE!Born in 1982,reborn 2013.
Unit Size
2,155 Ft²
Days on Market
53 days
Land Size
0.20 acres
Price per sqft
$162
Property Type
House
Property Taxes
-
HOA Dues
$92
Year Built
1982
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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 #21475863DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2013 | Sold | ||
| Sold | |||
| May 24, 2013 | Listed by Virginia Cook & Associates | $349,000 | |
| Listed by Virginia Cook & Associates | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Palm Desert
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Listed by: Donna Brown, Virginia Cook & Associates
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21475863DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21475863DA
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