Listed by: Gary Scott, RE/MAX Consultants
$412,500
●
House -
Off Market
40725 Meadow Lane
Palm Desert, CA 92260
3 Beds
3 Baths,
1
Half Bath
1,852 Ft²
$770,835
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model
About This Property
Just gorgeous. Really nothing like this home in the area or price
point. Way too many upgrades to mention,But let's start with the
beautifully remodeled kitchen with Custom cabinets,granite counters
and stainless appliances. The living room is a warm and spacious
entertaining haven which opens to the custom dinning room with
walls of glass that open to bring the outdoors in. The flow of the
dinning room and patio pool area create the perfect dining and
relaxing oasis. But wait there is more..All of the bathrooms have
been beautifully upgraded and the master has a walk-in shower with
glass block windows which allows the bath to be full of natural
light, plus a large rain shower head. The bathtub is an air
bath,that looks out to the garden back yard pool area. Pool and spa
area is bright and full or gorgeous foliage, plus the custom built
BBQ island with huge gas cook top, frig and granite tops. I told
you there was too much to mention, see attached list of upgrades
and call to see today
Unit Size
1,852 Ft²
Days on Market
37 days
Land Size
0.19 acres
Price per sqft
$223
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #214085415DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2021 | Sold | ||
| Sold | |||
| Mar 29, 2021 | Listed by Windermere Homes & Estates | $650,000 | |
| Listed by Windermere Homes & Estates | |||
| | |||
|
shows very well with upgraded kitchen and bathrooms. Tiled floors and a den plus dining room too Solar for pool and also the home.Freshly painted outside and proffesionaly landscaped.Fabulous mtn views. A quiet cul de sac with low traffic, peaceful and so central.
| |||
| Dec 4, 2014 | Sold | ||
| Sold | |||
| Oct 28, 2014 | Listed by RE/MAX Consultants | $412,500 | |
| Listed by RE/MAX Consultants | |||
Property Highlights
Garage
Air Conditioning
With View
Fireplace
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: Gary Scott, RE/MAX Consultants
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214085415DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214085415DA
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