$385,000
●
House -
Off Market
43796 Via Magellan Drive
Palm Desert, CA 92211
3 Beds
2 Baths,
1
Half Bath
2,062 Ft²
$585,859
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Over the years, since it was constructed in 1988, this entire
property has been continually upgraded, remodeled and fastidiously
maintained to create a beautiful private oasis. An oversized spool
with a huge stone waterfall was added to the yard creating a
picturesque desert landscape. The result of the upgrades is an
astounding look that appears as if was in a page of Better Homes &
Gardens Magazine! Entering the home through the red double doors,
you'll be inspired with a bright and festive atmosphere. This is
created by the combination of the beautiful Saltillo Mexican Tile
flooring throughout, designer paint, skylights and huge windows.
The spectacular great room is flooded with bright natural light and
has high walls, soaring vaulted ceilings, a cozy gas fireplace and
a stool height wet bar with granite counters: everything perfect
for entertaining! The comfortable master bedroom has vaulted
ceilings and a luxurious private bath. Call today to view this
truly inspiring home!
Unit Size
2,062 Ft²
Days on Market
113 days
Land Size
0.17 acres
Price per sqft
$194
Property Type
House
Property Taxes
-
HOA Dues
$343
Year Built
1988
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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: 4 months ago (CRMLS #219016765DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed by Keller Williams Realty | $399,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Welcome to Desert Breezes...very well maintained property and your own Shangri La! A Wrap Around back yard with picturesque land scaping along with your own private pool and gorgeous stone Waterfall feature! Inside the 2,000+ square foot home you will find an abundance of natural light, a cooks kitchen and plenty of room to entertain family and guests. Additional features include beautiful Saltillo Mexican flooring, a cozy fireplace and an interior laundry area! Desert Breezes is centrally located in Palm Desert and is just minutes from Shopping, dining, hiking and golf. Property is being sold TurnKey furnished per inventory list. Put this one on your list of homes to see! Without question, there is nothing else like this one in all of Desert Breezes!!Buyers are advised to do their own inspections of the property prior to the close of escrow.
| |||
| Oct 15, 2019 | Sold | ||
| Sold | |||
| Jun 11, 2019 | Listed by Keller Williams Realty | $399,995 | |
| Listed by Keller Williams Realty | |||
| Jun 26, 2014 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
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 Palm Desert
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Listed by: Jelmberg Team, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219016765DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219016765DA
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