Listed by: Tony Herrera III, Royale Real Estate
$420,000
●
House -
Off Market
42550 Audrey Circle
Palm Desert, CA 92260
3 Beds
2 Baths
1,682 Ft²
$423,169
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
This home sits at the end of a cul-de-sac in a highly desired
location that rests in the heart of the Palm Desert. A short
driving distance to many of the best shopping and dining
experiences the valley has to offer, including highly rated public
schools and walking distance to the High School. An AMAZING
opportunity for a home that is one of the larger in size for both
living space and land compared to surrounding homes in the
community. The home features a large bonus room with a separate
access entry from both the front and rear of the property and
plumbed with an antique style wood burning fireplace! Pool size
backyard! This home has been well maintained and just needs some
cosmetic TLC to turn it into the dream home or investment flip with
this aggressive pricing! Property qualifies for renovation loan
programs. Purchase and have the work done in one loan!
Unit Size
1,682 Ft²
Days on Market
56 days
Land Size
0.17 acres
Price per sqft
$250
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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 #219075143DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2022 | No longer available | - | |
| No longer available | |||
| May 4, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | In contract | - | |
| In contract | |||
| Mar 10, 2022 | Listed by Royale Real Estate | $419,900 | |
| Listed by Royale Real Estate | |||
| | |||
|
This home sits at the end of a cul-de-sac in a highly desired location that rests in the heart of the Palm Desert. A short driving distance to many of the best shopping and dining experiences the valley has to offer, including highly rated public schools and walking distance to the High School. An AMAZING opportunity for a home that is one of the larger in size for both living space and land compared to surrounding homes in the community. The home features a large bonus room with a separate access entry from both the front and rear of the property and plumbed with an antique style wood burning fireplace! Pool size backyard! This home has been well maintained and just needs some cosmetic TLC to turn it into the dream home or investment flip with this aggressive pricing! Property qualifies for renovation loan programs. Purchase and have the work done in one loan! The manager has listed the unit size as 1682 square feet.
| |||
| Dec 31, 2021 | Listed by Royale Real Estate | $419,900 | |
| Listed by Royale Real Estate | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Country Club Village
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Listed by: Tony Herrera III, Royale Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075143DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075143DA
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