Listed by: Marilyn Bauer, Bennion Deville Homes
$665,000
●
House -
Off Market
40815 Centennial Circle
Palm Desert, CA 92260
3 Beds
3 Baths
2,262 Ft²
$743,400
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Contemporary design in a sought after Palm Desert location close to
shopping, schools, hiking, dining and entertainment. Enjoy
beautiful views of Mt. San Jacinto from the interior and private
backyard. Interior features include high ceilings, recessed
lighting and multiple windows to enjoy pool and mountain views.
Three bedrooms, all with sliding doors to patio access,
Two bedrooms have en suite and the 3rd bedroom/home
office has an adjacent 3/4 BA. Spacious living room with
fireplace and wet bar and large dining room. Cheery kitchen
with lots of storage and breakfast nook. Interior laundry room with
direct access to a two car garage. All appliances are
included. The floor plan, views and location will ensure any
updating well worth the investment. The backyard is private
with a covered patio and lots of room to relax and entertain family
and friends. This home is perfect as a full time
residence or 'Lock 'N' Leave for seasonal use.
Unit Size
2,262 Ft²
Days on Market
44 days
Land Size
0.24 acres
Price per sqft
$276
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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: 3 years ago (CRMLS #219060361DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2021 | Sold | ||
| Sold | |||
| Apr 12, 2021 | Listed by Bennion Deville Homes | $625,000 | |
| Listed by Bennion Deville Homes | |||
| Jan 14, 2019 | No longer available | - | |
| No longer available | |||
| Nov 4, 2018 | Price Decreased |
$529,800
↓ $19K
(3.5%) | |
| Price Decreased | |||
| Aug 12, 2018 | Listed | $549,000 | |
| Listed | |||
| | |||
|
Available for sale or long term lease [unfurnished]. Contemporary design in a desirable central Palm Desert location. Inviting foyer with custom glass/wood entry door, tiled flooring and spacious walls for art + collectibles. The living area is defined by large glass sliding doors, wet bar, fireplace and indirect lighting. Formal dining room with custom ceiling detail is open to the living area. Cheery kitchen with garden window, lots of counter work space, breakfast area with bay window and glass sliding door to outdoor living. 2 Master bedrooms with en suites. Den/office/3rd bedroom with 3/4 bath adjacent. Sparkling pool, spa and fabulous mountain views. 2 car garage with direct access. Easy care desert landscaping. Centrally located within minutes to schools, shopping, golf, dining and entertainment. No HOA fee. The manager has listed the unit size as 2262 square feet.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palm Desert
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Listed by: Marilyn Bauer, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219060361DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219060361DA
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