Listed by: Ron Crisp, Ron Crisp, Broker
$274,000
●
House -
Off Market
43385 Texas Avenue
Palm Desert, CA 92211
2 Beds
2 Baths
1,577 Ft²
$494,315
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
This home sits on a quiet cul-de- Sac Street, has two bedrooms,
(the 3rd has been converted into a den) two baths, family room and
a three car garage. This home also includes tile floors throughout,
vaulted ceilings, living room with fire place overlooking an open
kitchen with golf course and mountain views. Cool off and relax in
the backyard with sparkling pool and hot tub with lots of pool
decking and great views. Enjoy the Country Club life style with
very low HOA fees (330/yr), the Palm Desert Country Club offers
golf memberships, or pay as you play, clubhouse with restaurant ,
bar and live music on the weekends. Close to the Indian Wells
Tennis Garden, El Paseo, transportation and all the amenities of
the world famous Palm Springs area.
Unit Size
1,577 Ft²
Days on Market
114 days
Land Size
0.14 acres
Price per sqft
$180
Property Type
House
Property Taxes
-
HOA Dues
$28
Year Built
1985
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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 #215034074DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2016 | Sold | ||
| Sold | |||
| Nov 9, 2015 | Listed by Ron Crisp, Broker | $284,000 | |
| Listed by Ron Crisp, Broker | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Palm Desert
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Listed by: Ron Crisp, Ron Crisp, Broker
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215034074DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215034074DA
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