$354,000
●
House -
Off Market
563 Via De La Paz
Palm Desert, CA 92211
4 Beds
3 Baths
2,506 Ft²
$530,784
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
This beautiful home is located in the resort style Spanish Walk
gated community. One of only two communities in Palm Desert
serviced by IID, the modest HOA fee includes access to the spacious
clubhouse with billiard room, fitness center and conference room as
well as pools, spas, and family playgrounds. This particular unit
has the largest floor plan in the community. Upon entering you are
greeted by a spacious living room with stone fireplace and private
office/den. The grand kitchen has a large center island, granite
counter tops, upgraded cabinets and stainless-steel appliances. All
bedrooms are located on the second floor as well as a beautiful
loft with custom wall cabinets. Located minutes from a variety of
restaurants, shops and local university campus this right priced
property won't last.
Unit Size
2,506 Ft²
Days on Market
72 days
Land Size
0.06 acres
Price per sqft
$144
Property Type
House
Property Taxes
-
HOA Dues
$200
Year Built
2014
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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: 5 months ago (CRMLS #219015389DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2019 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by Desert Sands Realty | $362,000 | |
| Listed by Desert Sands Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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: Sylvia Gaffney, Desert Sands Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219015389DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219015389DA
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