Listed by: BettieLou Carver, HomeSmart
$469,000
●
House -
Off Market
40861 Avenida Solana
Palm Desert, CA 92260
2 Beds
3 Baths,
1
Half Bath
2,303 Ft²
$911,542
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model
About This Property
Beautifully UPGRADED, pristine, SOLAR energy efficient ($57,000
Value)2 BR+DEN,2 1/2BA, POOL/SPA home. This spacious OPEN
FLOOR-PLAN is perfect for family & friends to gather and enjoy
inside/out with Sit-down Bar; GOURMET Kitchen offers abundant
custom cabinets w/deep drawers, built-in desk, island
w/bookshelves; all w/GRANITE counter-tops and full back-splash;
Breakfast Nook, Walk-in Pantry; NEW STAINLESS STEEL appliances; NEW
paint, NEW neutral-colored carpet, hardwood and bathroom tile;
Private Rear Yard Oasis, Covered Patio (Tile Roof, plus solid and
slatted Alumawood)is accessible from Great Room and Master BR; Home
includes SHUTTERS, Woven Shades (also on patio); DUAL Walk-in
Closets w/organizers in MBR; all bath vanities are cultured marble
counter-tops with seamless sinks; Custom TILE/STONE shower
surrounds; DECORATIVE ceiling fans w/lights; Laundry Room w/sink,
upper & lower cabinets. Home is conveniently located to major
shopping, entertainment and AWARD-WINNING SCHOOLS.
Unit Size
2,303 Ft²
Days on Market
76 days
Land Size
0.23 acres
Price per sqft
$212
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
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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 #214030331DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | Listed by HomeSmart | $849,000 | |
| Listed by HomeSmart | |||
| | |||
|
Welcome to your dream Oasis in Palm Desert! Conveniently located in the heart of Palm Desert near shopping, El Paseo, dining and great golf resorts. Open concept floor plan consisting of 3 bedrooms, 2.5 bath the previous Den was converted to now be a good sized bedroom, custom window coverings and plantation shutters on sliding doors leading you to the large outdoor patio and the sparkling in ground pool and spa. No HOA fees here! Say goodbye to high energy bills with a Paid for Solar system. Beautiful laminate flooring, gas fireplace, alarm system, 2 car garage, and all on a large fee land lot. Come and relax with incredible Mountain views and own your own piece of paradise now!
| |||
| Oct 30, 2014 | Sold | ||
| Sold | |||
| Aug 15, 2014 | Listed by HomeSmart | $489,000 | |
| Listed by HomeSmart | |||
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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Beds
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ft²
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HOA + Taxes
About Palm Desert
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Listed by: BettieLou Carver, HomeSmart
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214030331DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214030331DA
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