Listed by: Carlo Lombardelli, RE/MAX Consultants
$499,000
●
House -
Off Market
41950 Hogan Drive
Palm Desert, CA 92211
4 Beds
3 Baths
2,502 Ft²
$733,530
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Reduced to sell now! Unbelievable price and truly one of the best
values in Palm Desert. Solar owned for incredible power savings!
This contemporary home features 4 bedrooms including a separate
guest house/casita. Private courtyard entry. Gorgeous mountain
views with no homes behind or directly to the south! Adjacent to
open greenbelt area. Master suite on its own side for privacy.
Popular great room concept with entertainment center and fireplace.
Window shutters throughout. Perfect for family/entertaining
featuring a pool/spa plus an outdoor Pergola with a built-in BBQ.
Electric awnings plus Alumawood covered patio area. Fantastic
location only minutes away to shopping centers, great dining,
resorts and golf.
Unit Size
2,502 Ft²
Days on Market
124 days
Land Size
0.24 acres
Price per sqft
$199
Property Type
House
Property Taxes
-
HOA Dues
$140
Year Built
1998
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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 #219003443DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2019 | Sold | ||
| Sold | |||
| Jan 30, 2019 | No longer available | - | |
| No longer available | |||
| Jan 30, 2019 | Listed by RE/MAX Consultants | $499,000 | |
| Listed by RE/MAX Consultants | |||
| Sep 25, 2018 | Listed | $549,000 | |
| Listed | |||
| | |||
|
This LIFESTYLE modern upgraded home in the prestigious SUNTERRACE community features an attached private entry Casita, Pool/Spa, Outdoor Loggia Entertainment Pavilion with built-in gas BBQ, Electronic Awnings, Citrus Garden (Lime, Grapefruit, Orange), 3 Bay Garage, Solar (paid), with a private community Park next door and clear view of the Santa Rosa and San Bernardino Mountain Ranges. Enter the home through a Private Gated Courtyard to the Great Room with Entertainment Center, Fireplace, Dining Area, Kitchen with Casual Eating area, Breakfast Bar Island, Granite counter tops, newer Appliances. Private Master Bedroom Ensuite isolated at one end of main home to the Two Guest Bedrooms located opposite end of home. Other features; plantation shutters, tile floors throughout, carpeted bedrooms, newer HVAC system, gated community, low HOA dues and close to shopping, restaurants, golf, resort hotels. A must see on your Tour of Fine Homes. The manager has listed the unit size as 2502 square feet.
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Property Highlights
Air Conditioning
Fireplace
Garage
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: Carlo Lombardelli, RE/MAX Consultants
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219003443DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219003443DA
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