LOCATION, LOCATION ! One of the most sought-after locations
in Chaparral CC, this premier residence will sell quickly. It
has prime lake, golf-course and spectacular San Jacinto Mountains
views. This fully renovated home is well-appointed and features
3-bdrms and 3 full baths. The updated kitchen has custom counter
tops, beautiful cabinets and newer appliances. All 3 bathrooms have
large walk-in showers, granite counters, and beautiful cabinets.
Tiled throughout, it is beautifully highlighted with plush living
room and bedroom carpeting. The atrium has been converted into
additional indoor living space, the windows and sliders are dual
pane high efficiency and the walled patio has been extended. Best
of all it has a 3rd car garage addition for your golf cart or smart
car. Other features include electric outdoor rollup shades, high
end shutters, remote controlled window coverings and patio awnings,
refinished ceilings with recessed lighting, instant kitchen sink
hot water and a custom glass front door with retractable screen.
This is the unit you have been waiting for. Enjoy viewing the
snowcapped mountains from your patio while you watch the golfers
hit over the lake onto the green at the 13th hole. Located in the
heart of Palm Desert, Chaparral offers 18 holes of challenging
golf, 21 Pools & Spas, Tennis, Pickle-ball, a fully equipped
Fitness room, Activity center with pool and card tables and a
remodeled Clubhouse with world-class dining and Entertainment
Unit Size
2,119 Ft²
Days on Market
20 days
Land Size
0.08 acres
Price per sqft
$325
Property Type
Condo
Property Taxes
-
HOA Dues
$942
Year Built
1982
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Cap Rate Calculator
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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.
Parking Features: Garage, Golf Cart Garage, Garage Door Opener, On Street
Garage Spaces: 3
Garage Spaces: 3
Has Attached Garage: Yes
Total Garage and Parking Spaces: 3
Interior Details
Bedrooms: 3
Full Bathrooms: 3
Levels: One
Interior Features: Wet Bar, Breakfast Area, Separate Formal Dining Room, Partially Furnished, Recessed Lighting, Bar, Multiple Primary Suites, Walk In Closets
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator
Pool Features: Community, Electric Heat, In Ground
Lot Information: Close To Clubhouse, On Golf Course, Planned Unit Development, Sprinklers Timer, Sprinkler System, Waterfront
Lot Size Source: Assessor
Lot Size Acres: 0.08
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Utilities: Cable Available
Location Details
Association Fee Includes: EarthquakeInsurance
Association Amenities: Billiard Room, Clubhouse, Controlled Access, Fitness Center, Golf Course, Game Room, Meeting Room, Management, Recreation Room, Security, Tennis Courts, Trash, Cable Tv
Association Fee: $605
Association Fee Frequency: Monthly
Association Fee2: $337
Association Fee2 Frequency: Monthly
Community Features: Golf, Gated, Pool
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: Chaparral C.C.
Subdivision Name: Chaparral C.C.
Directions: Enter Chaparral CC off Portola Ave. Continue on Chaparral to Conejo Cir. Right on Conejo Cir. to Maximo Way. Right on Maximo way to property on the left. Cross Street: Conejo Cir. and Maximo Way.
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